2017 NOK to NIO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 NOK to NIO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the NOK to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 3.9641. Conversely, the yearly low was recorded on April 22, dropping to 3.4025.
This high-to-low spread represents a total annual volatility of 0.5615 NIO. From a start-to-finish perspective, comparing the January average rate of 3.4743 to the December average rate of 3.7092, the exchange rate registered a net change of 6.76% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 3.9641 was up 8.98% compared to the 2016 peak of 3.6375, 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 NIO 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 3.4928, compared to 3.7700 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2772 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was July, with a trading range of 0.2339 NIO (High: 3.8036 / Low: 3.5698). On the other end, April was the most stable month, with a tight range of 0.0802 NIO (High: 3.4828 / Low: 3.4025).
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 February and March, when the average rate fell by 0.0668 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2017: 3.8711) against the same month in 2016 (average: 3.5250), the exchange rate shifted by +0.3461 (+9.82%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.5609 | 3.4047 | 3.4743 |
| February | 3.5933 | 3.5075 | 3.5429 |
| March | 3.5205 | 3.4163 | 3.4761 |
| April | 3.4828 | 3.4025 | 3.4464 |
| May | 3.5677 | 3.4147 | 3.4979 |
| June | 3.5750 | 3.4622 | 3.5190 |
| July | 3.8036 | 3.5698 | 3.6764 |
| August | 3.8734 | 3.7271 | 3.7923 |
| September | 3.9641 | 3.8127 | 3.8711 |
| October | 3.8713 | 3.7491 | 3.8141 |
| November | 3.7868 | 3.6841 | 3.7569 |
| December | 3.7528 | 3.6547 | 3.7092 |