YEARLY HIGH
75.9473 SOS
YEARLY LOW
66.4339 SOS
YEARLY AVERAGE
70.1030 SOS

2017 NOK to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 75.9473. Conversely, the yearly low was recorded on May 4, dropping to 66.4339.

This high-to-low spread represents a total annual volatility of 9.5133 SOS. From a start-to-finish perspective, comparing the January average rate of 68.2767 to the December average rate of 69.7860, the exchange rate registered a net change of 2.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 75.9473 was up 0.36% compared to the 2016 peak of 75.6722, 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 379,736 SOS
2016 Average 353,437 SOS
Yearly Trough Low 332,170 SOS
Transaction Impact: A difference of 47,566.66 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

74.8562
66.7774
JanuMarcMayJulySeptNove

NOK to SOS 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 68.2944, compared to 71.9117 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.6172 points.

H1 Avg (Jan–Jun) 68.2944
H2 Avg (Jul–Dec) 71.9117

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 5.1673 SOS (High: 73.6856 / Low: 68.5182). On the other end, April was the most stable month, with a tight range of 1.5030 SOS (High: 68.0364 / Low: 66.5334).

July Spread (Volatile) ±5.1673
April Spread (Stable) ±1.5030

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 September and October, when the average rate fell by 1.7286 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.7286

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 73.3548) against the same month in 2016 (average: 70.1305), the exchange rate shifted by +3.2243 (+4.60%).

2017 Avg (August) 73.3548
2016 Avg (August) 70.1305

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 69.9416 66.8863 68.2767
February 70.9113 68.6059 69.5072
March 68.7190 66.9135 67.9666
April 68.0364 66.5334 67.4506
May 69.7020 66.4339 68.0951
June 69.6036 67.6577 68.4703
July 73.6856 68.5182 70.8979
August 75.9473 72.3011 73.3548
September 75.6776 72.7558 74.1830
October 74.1296 70.8507 72.4544
November 72.8239 69.3030 70.7938
December 71.3439 68.5918 69.7860