YEARLY HIGH
0.4794 QAR
YEARLY LOW
0.4194 QAR
YEARLY AVERAGE
0.4453 QAR

2017 NOK to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 17, valuing the pair at 0.4794. Conversely, the yearly low was recorded on May 9, dropping to 0.4194.

This high-to-low spread represents a total annual volatility of 0.0600 QAR. From a start-to-finish perspective, comparing the January average rate of 0.4302 to the December average rate of 0.4414, the exchange rate registered a net change of 2.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.4794 was up 5.00% compared to the 2016 peak of 0.4566, 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 2,397 QAR
2016 Average 2,169 QAR
Yearly Trough Low 2,097 QAR
Transaction Impact: A difference of 300.00 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.4776
0.4188
JanuMarcMayJulySeptNove

NOK to QAR 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 0.4304, compared to 0.4601 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0297 points.

H1 Avg (Jan–Jun) 0.4304
H2 Avg (Jul–Dec) 0.4601

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0363 QAR (High: 0.4772 / Low: 0.4409). On the other end, April was the most stable month, with a tight range of 0.0080 QAR (High: 0.4278 / Low: 0.4198).

November Spread (Volatile) ±0.0363
April Spread (Stable) ±0.0080

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 November and December, when the average rate fell by 0.0238 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0238

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2017: 0.4676) against the same month in 2016 (average: 0.4461), the exchange rate shifted by +0.0215 (+4.82%).

2017 Avg (October) 0.4676
2016 Avg (October) 0.4461

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4416 0.4207 0.4302
February 0.4436 0.4335 0.4371
March 0.4324 0.4230 0.4281
April 0.4278 0.4198 0.4237
May 0.4369 0.4194 0.4284
June 0.4484 0.4287 0.4347
July 0.4645 0.4335 0.4499
August 0.4758 0.4564 0.4639
September 0.4789 0.4665 0.4727
October 0.4794 0.4450 0.4676
November 0.4772 0.4409 0.4652
December 0.4479 0.4344 0.4414