2017 NOK to SYP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
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.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |