YEARLY HIGH
1.0096 SBD
YEARLY LOW
0.8961 SBD
YEARLY AVERAGE
0.9455 SBD

2017 NOK to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 1.0096. Conversely, the yearly low was recorded on April 9, dropping to 0.8961.

This high-to-low spread represents a total annual volatility of 0.1135 SBD. From a start-to-finish perspective, comparing the January average rate of 0.9283 to the December average rate of 0.9356, the exchange rate registered a net change of 0.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.0096 was up 2.55% compared to the 2016 peak of 0.9845, 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 5,048 SBD
2016 Average 4,712 SBD
Yearly Trough Low 4,481 SBD
Transaction Impact: A difference of 567.40 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.9995
0.9018
JanuMarcMayJulySeptNove

NOK to SBD 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 0.9241, compared to 0.9670 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0429 points.

H1 Avg (Jan–Jun) 0.9241
H2 Avg (Jul–Dec) 0.9670

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0512 SBD (High: 0.9871 / Low: 0.9359). On the other end, March was the most stable month, with a tight range of 0.0188 SBD (High: 0.9220 / Low: 0.9032).

July Spread (Volatile) ±0.0512
March Spread (Stable) ±0.0188

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 0.0213 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0213

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 0.9817) against the same month in 2016 (average: 0.9422), the exchange rate shifted by +0.0394 (+4.19%).

2017 Avg (August) 0.9817
2016 Avg (August) 0.9422

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9472 0.9151 0.9283
February 0.9487 0.9240 0.9342
March 0.9220 0.9032 0.9137
April 0.9211 0.8961 0.9099
May 0.9489 0.9015 0.9270
June 0.9432 0.9167 0.9313
July 0.9871 0.9359 0.9599
August 1.0096 0.9639 0.9817
September 1.0012 0.9793 0.9913
October 0.9903 0.9541 0.9766
November 0.9772 0.9418 0.9569
December 0.9464 0.9204 0.9356