YEARLY HIGH
0.3922 LTL
YEARLY LOW
0.1152 LTL
YEARLY AVERAGE
0.1719 LTL

2017 NOK to LTL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to LTL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 0.3922. Conversely, the yearly low was recorded on May 9, dropping to 0.1152.

This high-to-low spread represents a total annual volatility of 0.2770 LTL. From a start-to-finish perspective, comparing the January average rate of 0.3240 to the December average rate of 0.1203, the exchange rate registered a net change of -62.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.3922 was up 1.65% compared to the 2016 peak of 0.3859, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NOK based on timing:

Yearly Peak High 1,961 LTL
2016 Average 1,838 LTL
Yearly Trough Low 576 LTL
Transaction Impact: A difference of 1,385.22 LTL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.4059
0.0915
JanuMarcMayJulySeptNove

NOK to LTL Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.2196, compared to 0.1241 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0955 points.

H1 Avg (Jan–Jun) 0.2196
H2 Avg (Jul–Dec) 0.1241

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.2735 LTL (High: 0.3898 / Low: 0.1162). On the other end, June was the most stable month, with a tight range of 0.0028 LTL (High: 0.1198 / Low: 0.1170).

January Spread (Volatile) ±0.2735
June Spread (Stable) ±0.0028

Growth Streaks & Declines

Trends

Between May and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.2375 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.2375

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 0.2359) against the same month in 2016 (average: 0.3565), the exchange rate shifted by -0.1207 (-33.84%).

2017 Avg (February) 0.2359
2016 Avg (February) 0.3565

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3898 0.1162 0.3240
February 0.3922 0.1191 0.2359
March 0.3878 0.3739 0.3797
April 0.3757 0.1153 0.1423
May 0.1200 0.1152 0.1177
June 0.1198 0.1170 0.1182
July 0.1269 0.1191 0.1227
August 0.1293 0.1253 0.1268
September 0.1293 0.1256 0.1277
October 0.1268 0.1222 0.1250
November 0.1230 0.1202 0.1222
December 0.1219 0.1190 0.1203