YEARLY HIGH
2.5962 MXN
YEARLY LOW
2.1111 MXN
YEARLY AVERAGE
2.2881 MXN

2017 NOK to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 2.5962. Conversely, the yearly low was recorded on June 26, dropping to 2.1111.

This high-to-low spread represents a total annual volatility of 0.4852 MXN. From a start-to-finish perspective, comparing the January average rate of 2.5221 to the December average rate of 2.3133, the exchange rate registered a net change of -8.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.5962 was up 4.72% compared to the 2016 peak of 2.4791, 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 12,981 MXN
2016 Average 11,127 MXN
Yearly Trough Low 10,555 MXN
Transaction Impact: A difference of 2,425.88 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.5597
2.1088
JanuMarcMayJulySeptNove

NOK to MXN 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 2.2928, compared to 2.2834 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0094 points.

H1 Avg (Jan–Jun) 2.2928
H2 Avg (Jul–Dec) 2.2834

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.1996 MXN (High: 2.5962 / Low: 2.3967). On the other end, September was the most stable month, with a tight range of 0.0583 MXN (High: 2.3022 / Low: 2.2439).

January Spread (Volatile) ±0.1996
September Spread (Stable) ±0.0583

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1690 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1690

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 2.5221) against the same month in 2016 (average: 2.0465), the exchange rate shifted by +0.4755 (+23.24%).

2017 Avg (January) 2.5221
2016 Avg (January) 2.0465

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5962 2.3967 2.5221
February 2.5159 2.3613 2.4344
March 2.3585 2.1789 2.2655
April 2.2335 2.1534 2.1801
May 2.2521 2.1760 2.2085
June 2.2233 2.1111 2.1464
July 2.2596 2.1448 2.1862
August 2.3070 2.2298 2.2564
September 2.3022 2.2439 2.2766
October 2.4114 2.2785 2.3550
November 2.3501 2.2418 2.3131
December 2.3974 2.2367 2.3133