YEARLY HIGH
0.9621 SRD
YEARLY LOW
0.8579 SRD
YEARLY AVERAGE
0.9063 SRD

2017 NOK to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 0.9621. Conversely, the yearly low was recorded on January 2, dropping to 0.8579.

This high-to-low spread represents a total annual volatility of 0.1042 SRD. From a start-to-finish perspective, comparing the January average rate of 0.8824 to the December average rate of 0.8970, the exchange rate registered a net change of 1.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.9621 was up 0.24% compared to the 2016 peak of 0.9598, 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 4,811 SRD
2016 Average 3,665 SRD
Yearly Trough Low 4,289 SRD
Transaction Impact: A difference of 521.18 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.9569
0.8709
JanuMarcMayJulySeptNove

NOK to SRD 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 0.8880, compared to 0.9247 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0367 points.

H1 Avg (Jan–Jun) 0.8880
H2 Avg (Jul–Dec) 0.9247

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0538 SRD (High: 0.9465 / Low: 0.8927). On the other end, April was the most stable month, with a tight range of 0.0165 SRD (High: 0.8867 / Low: 0.8702).

July Spread (Volatile) ±0.0538
April Spread (Stable) ±0.0165

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 0.0207 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0207

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 0.9497) against the same month in 2016 (average: 0.9130), the exchange rate shifted by +0.0367 (+4.02%).

2017 Avg (September) 0.9497
2016 Avg (September) 0.9130

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9107 0.8579 0.8824
February 0.9173 0.8970 0.9048
March 0.8957 0.8763 0.8872
April 0.8867 0.8702 0.8781
May 0.9045 0.8682 0.8869
June 0.8983 0.8794 0.8887
July 0.9465 0.8927 0.9171
August 0.9615 0.9323 0.9431
September 0.9621 0.9341 0.9497
October 0.9442 0.9101 0.9309
November 0.9165 0.8952 0.9102
December 0.9090 0.8872 0.8970