2017 NOK to MGA Historical Review

YEARLY HIGH

397.3234 MGA

YEARLY LOW

349.0329 MGA

YEARLY AVERAGE

377.8049 MGA

2017 NOK to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 397.3234. Conversely, the yearly low was recorded on July 6, dropping to 349.0329.

This high-to-low spread represents a total annual volatility of 48.2905 MGA. From a start-to-finish perspective, comparing the January average rate of 387.7011 to the December average rate of 388.2020, the exchange rate registered a net change of 0.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 397.3234 was down 1.26% compared to the 2016 peak of 402.3937, 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 1,986,617 MGA

2016 Average 1,892,132 MGA

Yearly Trough Low 1,745,165 MGA

Transaction Impact: A difference of 241,452.31 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

391.0285

360.2742

JanuMarcMayJulySeptNove

NOK to MGA 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 375.2972, compared to 380.3126 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.0154 points.

H1 Avg (Jan–Jun) 375.2972

H2 Avg (Jul–Dec) 380.3126

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 30.4096 MGA (High: 389.2020 / Low: 358.7924). On the other end, September was the most stable month, with a tight range of 9.7696 MGA (High: 387.5032 / Low: 377.7336).

March Spread (Volatile) ±30.4096

September Spread (Stable) ±9.7696

Growth Streaks & Declines

Trends

Between July and November, 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 January and February, when the average rate fell by 9.2905 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -9.2905

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 388.2020) against the same month in 2016 (average: 389.0322), the exchange rate shifted by -0.8303 (-0.21%).

2017 Avg (December) 388.2020

2016 Avg (December) 389.0322

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	393.4188	382.4023	387.7011
February	392.1302	364.9499	378.4106
March	389.2020	358.7924	374.6984
April	383.1996	366.8294	372.5270
May	373.8911	362.8357	368.1268
June	381.9950	361.5255	370.3191
July	374.3255	349.0329	362.8371
August	384.6065	366.3494	375.8949
September	387.5032	377.7336	381.5884
October	388.6077	378.4402	384.8875
November	392.6876	382.8878	388.4656
December	397.3234	378.9748	388.2020