YEARLY HIGH
0.4183 PEN
YEARLY LOW
0.3731 PEN
YEARLY AVERAGE
0.3947 PEN

2017 NOK to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 0.4183. Conversely, the yearly low was recorded on April 22, dropping to 0.3731.

This high-to-low spread represents a total annual volatility of 0.0452 PEN. From a start-to-finish perspective, comparing the January average rate of 0.3944 to the December average rate of 0.3904, the exchange rate registered a net change of -1.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.4183 was down 1.39% compared to the 2016 peak of 0.4242, 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 2,092 PEN
2016 Average 2,009 PEN
Yearly Trough Low 1,866 PEN
Transaction Impact: A difference of 225.93 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.4181
0.3746
JanuMarcMayJulySeptNove

NOK to PEN 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 0.3864, compared to 0.4029 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0165 points.

H1 Avg (Jan–Jun) 0.3864
H2 Avg (Jul–Dec) 0.4029

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0292 PEN (High: 0.4178 / Low: 0.3886). On the other end, June was the most stable month, with a tight range of 0.0060 PEN (High: 0.3889 / Low: 0.3828).

November Spread (Volatile) ±0.0292
June Spread (Stable) ±0.0060

Growth Streaks & Declines

Trends

Between 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 0.0099 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0099

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 0.4145) against the same month in 2016 (average: 0.4113), the exchange rate shifted by +0.0031 (+0.76%).

2017 Avg (September) 0.4145
2016 Avg (September) 0.4113

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3980 0.3877 0.3944
February 0.3971 0.3875 0.3912
March 0.3901 0.3789 0.3837
April 0.3822 0.3731 0.3782
May 0.3931 0.3754 0.3850
June 0.3889 0.3828 0.3860
July 0.4115 0.3882 0.3983
August 0.4179 0.4064 0.4109
September 0.4183 0.4103 0.4145
October 0.4122 0.3956 0.4066
November 0.4178 0.3886 0.3967
December 0.3949 0.3861 0.3904