YEARLY HIGH
0.5523 MYR
YEARLY LOW
0.4846 MYR
YEARLY AVERAGE
0.5204 MYR

2017 NOK to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 0.5523. Conversely, the yearly low was recorded on December 20, dropping to 0.4846.

This high-to-low spread represents a total annual volatility of 0.0677 MYR. From a start-to-finish perspective, comparing the January average rate of 0.5268 to the December average rate of 0.4906, the exchange rate registered a net change of -6.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.5523 was up 4.17% compared to the 2016 peak of 0.5302, 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 2,762 MYR
2016 Average 2,467 MYR
Yearly Trough Low 2,423 MYR
Transaction Impact: A difference of 338.40 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.5483
0.4854
JanuMarcMayJulySeptNove

NOK to MYR 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 0.5180, compared to 0.5227 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0047 points.

H1 Avg (Jan–Jun) 0.5180
H2 Avg (Jul–Dec) 0.5227

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0317 MYR (High: 0.5434 / Low: 0.5117). On the other end, December was the most stable month, with a tight range of 0.0104 MYR (High: 0.4950 / Low: 0.4846).

July Spread (Volatile) ±0.0317
December Spread (Stable) ±0.0104

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0192 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0192

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 0.5431) against the same month in 2016 (average: 0.4848), the exchange rate shifted by +0.0583 (+12.03%).

2017 Avg (August) 0.5431
2016 Avg (August) 0.4848

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5372 0.5183 0.5268
February 0.5395 0.5287 0.5333
March 0.5289 0.5151 0.5219
April 0.5183 0.5058 0.5125
May 0.5161 0.4988 0.5079
June 0.5144 0.5007 0.5057
July 0.5434 0.5117 0.5263
August 0.5523 0.5384 0.5431
September 0.5479 0.5303 0.5381
October 0.5352 0.5176 0.5287
November 0.5205 0.4915 0.5095
December 0.4950 0.4846 0.4906