YEARLY HIGH
175.5762 MMK
YEARLY LOW
155.3876 MMK
YEARLY AVERAGE
164.7959 MMK

2017 NOK to MMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 3, valuing the pair at 175.5762. Conversely, the yearly low was recorded on May 4, dropping to 155.3876.

This high-to-low spread represents a total annual volatility of 20.1886 MMK. From a start-to-finish perspective, comparing the January average rate of 160.3438 to the December average rate of 163.4351, the exchange rate registered a net change of 1.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 175.5762 was up 9.98% compared to the 2016 peak of 159.6479, 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 877,881 MMK
2016 Average 735,534 MMK
Yearly Trough Low 776,938 MMK
Transaction Impact: A difference of 100,943.21 MMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

175.3409
156.7089
JanuMarcMayJulySeptNove

NOK to MMK 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 160.8256, compared to 168.7662 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.9406 points.

H1 Avg (Jan–Jun) 160.8256
H2 Avg (Jul–Dec) 168.7662

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 10.2042 MMK (High: 172.3182 / Low: 162.1140). On the other end, February was the most stable month, with a tight range of 3.1202 MMK (High: 166.0837 / Low: 162.9635).

July Spread (Volatile) ±10.2042
February Spread (Stable) ±3.1202

Growth Streaks & Declines

Trends

Between 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 October and November, when the average rate fell by 4.6848 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -4.6848

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 173.7882) against the same month in 2016 (average: 149.6254), the exchange rate shifted by +24.1628 (+16.15%).

2017 Avg (September) 173.7882
2016 Avg (September) 149.6254

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 164.2579 156.6117 160.3438
February 166.0837 162.9635 164.3023
March 162.0085 158.8533 160.6560
April 159.7633 155.6940 158.2616
May 164.1187 155.3876 160.3872
June 163.5222 159.0905 161.0026
July 172.3182 162.1140 167.1240
August 175.4925 170.7371 172.4059
September 175.5762 171.4558 173.7882
October 173.1471 165.8370 170.2644
November 168.1314 162.2668 165.5796
December 165.4777 161.2471 163.4351