YEARLY HIGH
13.6520 PKR
YEARLY LOW
12.0209 PKR
YEARLY AVERAGE
12.7477 PKR

2017 NOK to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 13.6520. Conversely, the yearly low was recorded on May 4, dropping to 12.0209.

This high-to-low spread represents a total annual volatility of 1.6311 PKR. From a start-to-finish perspective, comparing the January average rate of 12.3648 to the December average rate of 13.0783, the exchange rate registered a net change of 5.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 13.6520 was up 4.28% compared to the 2016 peak of 13.0921, 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 68,260 PKR
2016 Average 62,369 PKR
Yearly Trough Low 60,105 PKR
Transaction Impact: A difference of 8,155.26 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

13.5953
12.0746
JanuMarcMayJulySeptNove

NOK to PKR 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 12.3608, compared to 13.1346 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7738 points.

H1 Avg (Jan–Jun) 12.3608
H2 Avg (Jul–Dec) 13.1346

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.8143 PKR (High: 13.2851 / Low: 12.4708). On the other end, April was the most stable month, with a tight range of 0.2105 PKR (High: 12.2678 / Low: 12.0573).

July Spread (Volatile) ±0.8143
April Spread (Stable) ±0.2105

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 0.3021 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.3021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 13.4686) against the same month in 2016 (average: 12.7260), the exchange rate shifted by +0.7425 (+5.83%).

2017 Avg (September) 13.4686
2016 Avg (September) 12.7260

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.6569 12.0720 12.3648
February 12.7567 12.4594 12.5831
March 12.4436 12.1169 12.3123
April 12.2678 12.0573 12.2013
May 12.5769 12.0209 12.3264
June 12.5354 12.2858 12.3769
July 13.2851 12.4708 12.8948
August 13.6471 13.1770 13.3342
September 13.6520 13.2557 13.4686
October 13.3584 12.8721 13.1670
November 12.9871 12.6589 12.8649
December 13.4706 12.6661 13.0783