2017 NOK to PHP Historical Review

YEARLY HIGH

6.5972 PHP

YEARLY LOW

5.7398 PHP

YEARLY AVERAGE

6.1010 PHP

2017 NOK to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 6.5972. Conversely, the yearly low was recorded on January 1, dropping to 5.7398.

This high-to-low spread represents a total annual volatility of 0.8574 PHP. From a start-to-finish perspective, comparing the January average rate of 5.8780 to the December average rate of 6.0506, the exchange rate registered a net change of 2.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 6.5972 was up 8.97% compared to the 2016 peak of 6.0541, 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 32,986 PHP

2016 Average 28,283 PHP

Yearly Trough Low 28,699 PHP

Transaction Impact: A difference of 4,287.24 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

6.5800

5.7261

JanuMarcMayJulySeptNove

NOK to PHP 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 5.8896, compared to 6.3124 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4228 points.

H1 Avg (Jan–Jun) 5.8896

H2 Avg (Jul–Dec) 6.3124

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.3881 PHP (High: 6.4112 / Low: 6.0231). On the other end, April was the most stable month, with a tight range of 0.1058 PHP (High: 5.8524 / Low: 5.7465).

July Spread (Volatile) ±0.3881

April Spread (Stable) ±0.1058

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 0.2011 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.2011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 6.4603) against the same month in 2016 (average: 5.6127), the exchange rate shifted by +0.8475 (+15.10%).

2017 Avg (August) 6.4603

2016 Avg (August) 5.6127

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.0319	5.7398	5.8780
February	6.0561	5.9387	6.0014
March	5.9725	5.8391	5.9053
April	5.8524	5.7465	5.7972
May	5.9979	5.7451	5.8621
June	6.0437	5.8199	5.8935
July	6.4112	6.0231	6.2091
August	6.5972	6.3285	6.4603
September	6.5735	6.3908	6.5088
October	6.5045	6.3246	6.4234
November	6.3276	6.0407	6.2223
December	6.1362	5.9618	6.0506