YEARLY HIGH
2.4223 MDL
YEARLY LOW
2.0397 MDL
YEARLY AVERAGE
2.2320 MDL

2017 NOK to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 2.4223. Conversely, the yearly low was recorded on December 18, dropping to 2.0397.

This high-to-low spread represents a total annual volatility of 0.3826 MDL. From a start-to-finish perspective, comparing the January average rate of 2.3704 to the December average rate of 2.0670, the exchange rate registered a net change of -12.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.4223 was down 1.86% compared to the 2016 peak of 2.4683, 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 12,111 MDL
2016 Average 11,842 MDL
Yearly Trough Low 10,198 MDL
Transaction Impact: A difference of 1,912.99 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.4267
2.0343
JanuMarcMayJulySeptNove

NOK to MDL 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 2.2768, compared to 2.1872 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0896 points.

H1 Avg (Jan–Jun) 2.2768
H2 Avg (Jul–Dec) 2.1872

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.1365 MDL (High: 2.2939 / Low: 2.1574). On the other end, June was the most stable month, with a tight range of 0.0324 MDL (High: 2.1685 / Low: 2.1361).

July Spread (Volatile) ±0.1365
June Spread (Stable) ±0.0324

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0798 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0798

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 2.3940) against the same month in 2016 (average: 2.3327), the exchange rate shifted by +0.0612 (+2.62%).

2017 Avg (February) 2.3940
2016 Avg (February) 2.3327

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4158 2.3069 2.3704
February 2.4223 2.3658 2.3940
March 2.3701 2.2629 2.3141
April 2.2716 2.2246 2.2481
May 2.2428 2.1481 2.1818
June 2.1685 2.1361 2.1522
July 2.2939 2.1574 2.2213
August 2.3096 2.2361 2.2651
September 2.2980 2.2071 2.2562
October 2.2180 2.1062 2.1775
November 2.1639 2.0603 2.1360
December 2.0839 2.0397 2.0670