YEARLY HIGH
1.7775 SCR
YEARLY LOW
1.5110 SCR
YEARLY AVERAGE
1.6444 SCR

2017 NOK to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 1.7775. Conversely, the yearly low was recorded on January 3, dropping to 1.5110.

This high-to-low spread represents a total annual volatility of 0.2665 SCR. From a start-to-finish perspective, comparing the January average rate of 1.5808 to the December average rate of 1.6760, the exchange rate registered a net change of 6.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.7775 was up 3.01% compared to the 2016 peak of 1.7256, 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 8,888 SCR
2016 Average 7,904 SCR
Yearly Trough Low 7,555 SCR
Transaction Impact: A difference of 1,332.42 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.7574
1.5514
JanuMarcMayJulySeptNove

NOK to SCR 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 1.5889, compared to 1.7000 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1112 points.

H1 Avg (Jan–Jun) 1.5889
H2 Avg (Jul–Dec) 1.7000

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.1482 SCR (High: 1.7222 / Low: 1.5740). On the other end, February was the most stable month, with a tight range of 0.0485 SCR (High: 1.6320 / Low: 1.5835).

July Spread (Volatile) ±0.1482
February Spread (Stable) ±0.0485

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 February and March, when the average rate fell by 0.0314 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0314

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 1.7402) against the same month in 2016 (average: 1.6131), the exchange rate shifted by +0.1272 (+7.88%).

2017 Avg (September) 1.7402
2016 Avg (September) 1.6131

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6317 1.5110 1.5808
February 1.6320 1.5835 1.6146
March 1.6138 1.5354 1.5831
April 1.6006 1.5231 1.5686
May 1.6352 1.5509 1.5936
June 1.6357 1.5457 1.5925
July 1.7222 1.5740 1.6608
August 1.7592 1.6581 1.7212
September 1.7775 1.6997 1.7402
October 1.7418 1.6811 1.7128
November 1.7258 1.6124 1.6892
December 1.7124 1.6153 1.6760