YEARLY HIGH
66.6137 SYP
YEARLY LOW
24.6425 SYP
YEARLY AVERAGE
40.6157 SYP

2017 NOK to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 66.6137. Conversely, the yearly low was recorded on January 2, dropping to 24.6425.

This high-to-low spread represents a total annual volatility of 41.9712 SYP. From a start-to-finish perspective, comparing the January average rate of 25.2899 to the December average rate of 61.9644, the exchange rate registered a net change of 145.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 66.6137 was up 143.53% compared to the 2016 peak of 27.3535, 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 333,069 SYP
2016 Average 129,238 SYP
Yearly Trough Low 123,212 SYP
Transaction Impact: A difference of 209,856.13 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

69.8451
20.8557
JanuMarcMayJulySeptNove

NOK to SYP 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 25.2873, compared to 55.9442 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 30.6569 points.

H1 Avg (Jan–Jun) 25.2873
H2 Avg (Jul–Dec) 55.9442

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 39.4927 SYP (High: 66.4820 / Low: 26.9893). On the other end, April was the most stable month, with a tight range of 0.4696 SYP (High: 25.1828 / Low: 24.7132).

August Spread (Volatile) ±39.4927
April Spread (Stable) ±0.4696

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 1.4539 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.4539

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 65.7627) against the same month in 2016 (average: 26.0803), the exchange rate shifted by +39.6824 (+152.15%).

2017 Avg (September) 65.7627
2016 Avg (September) 26.0803

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 25.9939 24.6425 25.2899
February 26.1162 25.5203 25.7333
March 25.4651 24.8946 25.2017
April 25.1828 24.7132 24.9381
May 25.7208 24.6901 25.2214
June 25.6799 25.0755 25.3392
July 27.2510 25.5213 26.3049
August 66.4820 26.9893 54.3011
September 66.6137 64.6683 65.7627
October 65.3044 62.9262 64.3929
November 63.3674 61.8985 62.9389
December 62.7595 61.2603 61.9644