2017 NOK to MVR Historical Review

YEARLY HIGH

1.9972 MVR

YEARLY LOW

1.7649 MVR

YEARLY AVERAGE

1.8683 MVR

2017 NOK to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 1.9972. Conversely, the yearly low was recorded on January 3, dropping to 1.7649.

This high-to-low spread represents a total annual volatility of 0.2324 MVR. From a start-to-finish perspective, comparing the January average rate of 1.8161 to the December average rate of 1.8535, the exchange rate registered a net change of 2.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.9972 was up 4.34% compared to the 2016 peak of 1.9141, 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 9,986 MVR

2016 Average 9,092 MVR

Yearly Trough Low 8,824 MVR

Transaction Impact: A difference of 1,161.82 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.9854

1.7794

JanuMarcMayJulySeptNove

NOK to MVR 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 1.8252, compared to 1.9115 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0863 points.

H1 Avg (Jan–Jun) 1.8252

H2 Avg (Jul–Dec) 1.9115

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.2106 MVR (High: 1.9972 / Low: 1.7866). On the other end, April was the most stable month, with a tight range of 0.0326 MVR (High: 1.8093 / Low: 1.7767).

August Spread (Volatile) ±0.2106

April Spread (Stable) ±0.0326

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 0.0492 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0492

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 1.9447) against the same month in 2016 (average: 1.8287), the exchange rate shifted by +0.1160 (+6.34%).

2017 Avg (August) 1.9447

2016 Avg (August) 1.8287

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8688	1.7649	1.8161
February	1.8855	1.8365	1.8558
March	1.8464	1.8004	1.8223
April	1.8093	1.7767	1.7966
May	1.8719	1.7693	1.8206
June	1.8571	1.8133	1.8397
July	1.9608	1.8456	1.8992
August	1.9972	1.7866	1.9447
September	1.9933	1.9352	1.9682
October	1.9535	1.8817	1.9262
November	1.8933	1.8401	1.8770
December	1.8769	1.8331	1.8535