YEARLY HIGH
1.1349 SVC
YEARLY LOW
1.0033 SVC
YEARLY AVERAGE
1.0590 SVC

2017 NOK to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 1.1349. Conversely, the yearly low was recorded on May 4, dropping to 1.0033.

This high-to-low spread represents a total annual volatility of 0.1316 SVC. From a start-to-finish perspective, comparing the January average rate of 1.0338 to the December average rate of 1.0532, the exchange rate registered a net change of 1.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.1349 was up 3.64% compared to the 2016 peak of 1.0950, 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 5,674 SVC
2016 Average 5,208 SVC
Yearly Trough Low 5,016 SVC
Transaction Impact: A difference of 657.94 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.1281
1.0092
JanuMarcMayJulySeptNove

NOK to SVC 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 1.0322, compared to 1.0858 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0535 points.

H1 Avg (Jan–Jun) 1.0322
H2 Avg (Jul–Dec) 1.0858

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0668 SVC (High: 1.1083 / Low: 1.0415). On the other end, April was the most stable month, with a tight range of 0.0210 SVC (High: 1.0275 / Low: 1.0065).

July Spread (Volatile) ±0.0668
April Spread (Stable) ±0.0210

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 0.0254 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0254

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 1.1080) against the same month in 2016 (average: 1.0531), the exchange rate shifted by +0.0549 (+5.22%).

2017 Avg (August) 1.1080
2016 Avg (August) 1.0531

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0568 1.0113 1.0338
February 1.0664 1.0418 1.0506
March 1.0385 1.0112 1.0278
April 1.0275 1.0065 1.0191
May 1.0483 1.0033 1.0287
June 1.0464 1.0243 1.0335
July 1.1083 1.0415 1.0717
August 1.1349 1.0961 1.1080
September 1.1340 1.0987 1.1182
October 1.1098 1.0697 1.0944
November 1.0772 1.0511 1.0691
December 1.0650 1.0377 1.0532