YEARLY HIGH
0.1812 NZD
YEARLY LOW
0.1616 NZD
YEARLY AVERAGE
0.1703 NZD

2017 NOK to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 25, valuing the pair at 0.1812. Conversely, the yearly low was recorded on June 20, dropping to 0.1616.

This high-to-low spread represents a total annual volatility of 0.0196 NZD. From a start-to-finish perspective, comparing the January average rate of 0.1659 to the December average rate of 0.1727, the exchange rate registered a net change of 4.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.1812 was up 0.44% compared to the 2016 peak of 0.1804, 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 906 NZD
2016 Average 855 NZD
Yearly Trough Low 808 NZD
Transaction Impact: A difference of 97.90 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.1789
0.1622
JanuMarcMayJulySeptNove

NOK to NZD 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 0.1667, compared to 0.1740 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0073 points.

H1 Avg (Jan–Jun) 0.1667
H2 Avg (Jul–Dec) 0.1740

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0099 NZD (High: 0.1796 / Low: 0.1697). On the other end, February was the most stable month, with a tight range of 0.0027 NZD (High: 0.1674 / Low: 0.1646).

August Spread (Volatile) ±0.0099
February Spread (Stable) ±0.0027

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 May and June, when the average rate fell by 0.0058 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2017: 0.1775) against the same month in 2016 (average: 0.1711), the exchange rate shifted by +0.0064 (+3.74%).

2017 Avg (October) 0.1775
2016 Avg (October) 0.1711

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1684 0.1641 0.1659
February 0.1674 0.1646 0.1663
March 0.1699 0.1662 0.1679
April 0.1698 0.1640 0.1669
May 0.1724 0.1670 0.1694
June 0.1675 0.1616 0.1636
July 0.1690 0.1634 0.1665
August 0.1796 0.1697 0.1735
September 0.1793 0.1732 0.1761
October 0.1812 0.1737 0.1775
November 0.1789 0.1759 0.1775
December 0.1762 0.1696 0.1727