2017 NOK to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 NOK to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the NOK to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 93.9999. Conversely, the yearly low was recorded on January 2, dropping to 83.0882.
This high-to-low spread represents a total annual volatility of 10.9117 MWK. From a start-to-finish perspective, comparing the January average rate of 85.6679 to the December average rate of 87.3050, the exchange rate registered a net change of 1.91% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 93.9999 was up 4.45% compared to the 2016 peak of 89.9988, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
NOK to MWK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 85.6310, compared to 90.0506 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.4196 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was July, with a trading range of 6.1236 MWK (High: 92.2612 / Low: 86.1376). On the other end, April was the most stable month, with a tight range of 1.8646 MWK (High: 85.4095 / Low: 83.5448).
Growth Streaks & Declines
TrendsBetween 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 2.1138 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2017: 92.6785) against the same month in 2016 (average: 87.5216), the exchange rate shifted by +5.1569 (+5.89%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 87.5989 | 83.0882 | 85.6679 |
| February | 88.3363 | 86.2540 | 87.0708 |
| March | 86.3732 | 83.7025 | 85.2513 |
| April | 85.4095 | 83.5448 | 84.5343 |
| May | 87.2248 | 83.5826 | 85.3921 |
| June | 86.8683 | 84.8406 | 85.8698 |
| July | 92.2612 | 86.1376 | 88.9506 |
| August | 93.7097 | 90.8353 | 91.9742 |
| September | 93.9999 | 91.2055 | 92.6785 |
| October | 92.1149 | 88.6876 | 90.7546 |
| November | 89.3425 | 87.2727 | 88.6408 |
| December | 88.4675 | 86.2442 | 87.3050 |