YEARLY HIGH
0.5128 RON
YEARLY LOW
0.4632 RON
YEARLY AVERAGE
0.4900 RON

2017 NOK to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 0.5128. Conversely, the yearly low was recorded on December 20, dropping to 0.4632.

This high-to-low spread represents a total annual volatility of 0.0497 RON. From a start-to-finish perspective, comparing the January average rate of 0.5005 to the December average rate of 0.4711, the exchange rate registered a net change of -5.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.5128 was up 1.82% compared to the 2016 peak of 0.5037, 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 2,564 RON
2016 Average 2,417 RON
Yearly Trough Low 2,316 RON
Transaction Impact: A difference of 248.41 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.5131
0.4673
JanuMarcMayJulySeptNove

NOK to RON 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 0.4947, compared to 0.4852 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0094 points.

H1 Avg (Jan–Jun) 0.4947
H2 Avg (Jul–Dec) 0.4852

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0214 RON (High: 0.4904 / Low: 0.4690). On the other end, September was the most stable month, with a tight range of 0.0083 RON (High: 0.4969 / Low: 0.4887).

November Spread (Volatile) ±0.0214
September Spread (Stable) ±0.0083

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0109 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0109

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 0.5093) against the same month in 2016 (average: 0.4691), the exchange rate shifted by +0.0401 (+8.55%).

2017 Avg (February) 0.5093
2016 Avg (February) 0.4691

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5060 0.4953 0.5005
February 0.5128 0.5042 0.5093
March 0.5097 0.4938 0.5001
April 0.4984 0.4837 0.4922
May 0.4869 0.4769 0.4845
June 0.4851 0.4741 0.4814
July 0.4932 0.4784 0.4859
August 0.5009 0.4861 0.4914
September 0.4969 0.4887 0.4928
October 0.4920 0.4827 0.4883
November 0.4904 0.4690 0.4820
December 0.4749 0.4632 0.4711