2017 NOK to LRD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 NOK to LRD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the NOK to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 15.3750. Conversely, the yearly low was recorded on January 2, dropping to 10.5421.
This high-to-low spread represents a total annual volatility of 4.8329 LRD. From a start-to-finish perspective, comparing the January average rate of 11.0666 to the December average rate of 15.0999, the exchange rate registered a net change of 36.45% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 15.3750 was up 32.55% compared to the 2016 peak of 11.5993, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
NOK to LRD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 11.0950, compared to 14.2500 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.1551 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was August, with a trading range of 3.4917 LRD (High: 14.8534 / Low: 11.3616). On the other end, June was the most stable month, with a tight range of 0.2544 LRD (High: 11.2312 / Low: 10.9768).
Growth Streaks & Declines
TrendsBetween April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.2628 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2017: 15.0554) against the same month in 2016 (average: 10.8126), the exchange rate shifted by +4.2428 (+39.24%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11.4599 | 10.5421 | 11.0666 |
| February | 11.4530 | 11.1912 | 11.3112 |
| March | 11.1909 | 10.8861 | 11.0485 |
| April | 11.1021 | 10.8381 | 10.9631 |
| May | 11.2825 | 10.7672 | 11.0769 |
| June | 11.2312 | 10.9768 | 11.1035 |
| July | 11.7061 | 11.1329 | 11.3740 |
| August | 14.8534 | 11.3616 | 14.2471 |
| September | 15.1358 | 14.7253 | 14.9271 |
| October | 14.9845 | 14.5334 | 14.7968 |
| November | 15.3750 | 14.6211 | 15.0554 |
| December | 15.2955 | 14.9273 | 15.0999 |