2017 NOK to RSD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 NOK to RSD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the NOK to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 14.0633. Conversely, the yearly low was recorded on December 20, dropping to 11.8896.
This high-to-low spread represents a total annual volatility of 2.1737 RSD. From a start-to-finish perspective, comparing the January average rate of 13.7546 to the December average rate of 12.0847, the exchange rate registered a net change of -12.14% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 14.0633 was up 2.10% compared to the 2016 peak of 13.7744, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
NOK to RSD Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 13.4488, compared to 12.5879 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8610 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was November, with a trading range of 0.5131 RSD (High: 12.5582 / Low: 12.0451). On the other end, August was the most stable month, with a tight range of 0.1710 RSD (High: 12.9148 / Low: 12.7438).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.3591 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2017: 13.9796) against the same month in 2016 (average: 12.8526), the exchange rate shifted by +1.1270 (+8.77%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 13.9307 | 13.5700 | 13.7546 |
| February | 14.0633 | 13.8756 | 13.9796 |
| March | 13.9281 | 13.4445 | 13.6204 |
| April | 13.5820 | 13.1502 | 13.4275 |
| May | 13.1746 | 12.9086 | 13.0785 |
| June | 12.9297 | 12.5913 | 12.8325 |
| July | 13.0034 | 12.5856 | 12.7974 |
| August | 12.9148 | 12.7438 | 12.8170 |
| September | 12.9109 | 12.6674 | 12.7785 |
| October | 12.7905 | 12.5225 | 12.6867 |
| November | 12.5582 | 12.0451 | 12.3630 |
| December | 12.2494 | 11.8896 | 12.0847 |