YEARLY HIGH
14.0633 RSD
YEARLY LOW
11.8896 RSD
YEARLY AVERAGE
13.0184 RSD

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NOK based on timing:

Yearly Peak High 70,317 RSD
2016 Average 66,229 RSD
Yearly Trough Low 59,448 RSD
Transaction Impact: A difference of 10,868.46 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

14.1690
11.8952
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 13.4488
H2 Avg (Jul–Dec) 12.5879

Volatility Range Comparison

Volatility

The 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).

November Spread (Volatile) ±0.5131
August Spread (Stable) ±0.1710

Growth Streaks & Declines

Trends

No 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.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.3591

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2017 Avg (February) 13.9796
2016 Avg (February) 12.8526

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