YEARLY HIGH
0.4851 SAR
YEARLY LOW
0.4320 SAR
YEARLY AVERAGE
0.4540 SAR

2017 NOK to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 0.4851. Conversely, the yearly low was recorded on May 9, dropping to 0.4320.

This high-to-low spread represents a total annual volatility of 0.0531 SAR. From a start-to-finish perspective, comparing the January average rate of 0.4432 to the December average rate of 0.4512, the exchange rate registered a net change of 1.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.4851 was up 3.13% compared to the 2016 peak of 0.4704, 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 2,426 SAR
2016 Average 2,234 SAR
Yearly Trough Low 2,160 SAR
Transaction Impact: A difference of 265.68 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.4831
0.4322
JanuMarcMayJulySeptNove

NOK to SAR 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 0.4426, compared to 0.4655 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0229 points.

H1 Avg (Jan–Jun) 0.4426
H2 Avg (Jul–Dec) 0.4655

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0295 SAR (High: 0.4760 / Low: 0.4465). On the other end, April was the most stable month, with a tight range of 0.0082 SAR (High: 0.4406 / Low: 0.4324).

July Spread (Volatile) ±0.0295
April Spread (Stable) ±0.0082

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 0.0106 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0106

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 0.4789) against the same month in 2016 (average: 0.4566), the exchange rate shifted by +0.0223 (+4.87%).

2017 Avg (September) 0.4789
2016 Avg (September) 0.4566

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4549 0.4333 0.4432
February 0.4570 0.4465 0.4503
March 0.4453 0.4356 0.4409
April 0.4406 0.4324 0.4365
May 0.4500 0.4320 0.4413
June 0.4493 0.4387 0.4434
July 0.4760 0.4465 0.4601
August 0.4848 0.4700 0.4755
September 0.4851 0.4710 0.4789
October 0.4754 0.4582 0.4689
November 0.4615 0.4508 0.4583
December 0.4571 0.4461 0.4512