YEARLY HIGH
316.0587 MNT
YEARLY LOW
275.3392 MNT
YEARLY AVERAGE
294.7835 MNT

2017 NOK to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 19, valuing the pair at 316.0587. Conversely, the yearly low was recorded on June 20, dropping to 275.3392.

This high-to-low spread represents a total annual volatility of 40.7196 MNT. From a start-to-finish perspective, comparing the January average rate of 293.5069 to the December average rate of 292.5288, the exchange rate registered a net change of -0.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 316.0587 was up 7.06% compared to the 2016 peak of 295.2131, 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 1,580,294 MNT
2016 Average 1,275,653 MNT
Yearly Trough Low 1,376,696 MNT
Transaction Impact: A difference of 203,597.93 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

315.6328
276.4687
JanuMarcMayJulySeptNove

NOK to MNT 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 287.2428, compared to 302.3243 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 15.0815 points.

H1 Avg (Jan–Jun) 287.2428
H2 Avg (Jul–Dec) 302.3243

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 28.5505 MNT (High: 309.3509 / Low: 280.8004). On the other end, February was the most stable month, with a tight range of 6.0701 MNT (High: 300.4091 / Low: 294.3389).

July Spread (Volatile) ±28.5505
February Spread (Stable) ±6.0701

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 7.9754 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -7.9754

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 312.3691) against the same month in 2016 (average: 272.3727), the exchange rate shifted by +39.9965 (+14.68%).

2017 Avg (September) 312.3691
2016 Avg (September) 272.3727

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 298.3840 287.0336 293.5069
February 300.4091 294.3389 296.7105
March 293.4329 284.7150 288.7352
April 284.7118 278.5485 281.3192
May 289.2148 277.1746 283.4525
June 284.0474 275.3392 279.7324
July 309.3509 280.8004 293.9289
August 314.2755 305.7523 309.1841
September 316.0587 308.8041 312.3691
October 311.3207 299.7115 306.8202
November 301.5067 293.2356 299.1143
December 295.2930 288.3501 292.5288