YEARLY HIGH
47.2874 MRO
YEARLY LOW
41.2946 MRO
YEARLY AVERAGE
43.5768 MRO

2017 NOK to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 47.2874. Conversely, the yearly low was recorded on May 4, dropping to 41.2946.

This high-to-low spread represents a total annual volatility of 5.9928 MRO. From a start-to-finish perspective, comparing the January average rate of 42.3740 to the December average rate of 42.7532, the exchange rate registered a net change of 0.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 47.2874 was up 6.12% compared to the 2016 peak of 44.5590, 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 236,437 MRO
2016 Average 209,125 MRO
Yearly Trough Low 206,473 MRO
Transaction Impact: A difference of 29,963.88 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

47.1269
41.4329
JanuMarcMayJulySeptNove

NOK to MRO 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 42.4271, compared to 44.7265 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2994 points.

H1 Avg (Jan–Jun) 42.4271
H2 Avg (Jul–Dec) 44.7265

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 3.2085 MRO (High: 45.9897 / Low: 42.7813). On the other end, April was the most stable month, with a tight range of 0.8180 MRO (High: 42.1805 / Low: 41.3625).

July Spread (Volatile) ±3.2085
April Spread (Stable) ±0.8180

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 1.7826 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.7826

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 46.6524) against the same month in 2016 (average: 43.3192), the exchange rate shifted by +3.3332 (+7.69%).

2017 Avg (September) 46.6524
2016 Avg (September) 43.3192

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 43.3434 41.4796 42.3740
February 43.7289 42.6823 43.1004
March 42.6205 41.5621 42.2386
April 42.1805 41.3625 41.9074
May 43.1864 41.2946 42.3523
June 43.0986 42.1987 42.5901
July 45.9897 42.7813 44.3462
August 47.0153 45.6254 46.0865
September 47.2874 45.8709 46.6524
October 46.3542 43.4258 45.1516
November 43.7377 42.4773 43.3690
December 43.2363 42.1288 42.7532