YEARLY HIGH
0.2893 TOP
YEARLY LOW
0.2643 TOP
YEARLY AVERAGE
0.2741 TOP

2017 NOK to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 0.2893. Conversely, the yearly low was recorded on April 21, dropping to 0.2643.

This high-to-low spread represents a total annual volatility of 0.0250 TOP. From a start-to-finish perspective, comparing the January average rate of 0.2719 to the December average rate of 0.2753, the exchange rate registered a net change of 1.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.2893 was up 2.74% compared to the 2016 peak of 0.2816, 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 1,446 TOP
2016 Average 1,341 TOP
Yearly Trough Low 1,321 TOP
Transaction Impact: A difference of 125.09 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.2840
0.2657
JanuMarcMayJulySeptNove

NOK to TOP 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 0.2701, compared to 0.2781 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0080 points.

H1 Avg (Jan–Jun) 0.2701
H2 Avg (Jul–Dec) 0.2781

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0148 TOP (High: 0.2893 / Low: 0.2745). On the other end, April was the most stable month, with a tight range of 0.0060 TOP (High: 0.2702 / Low: 0.2643).

August Spread (Volatile) ±0.0148
April Spread (Stable) ±0.0060

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0036 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 0.2794) against the same month in 2016 (average: 0.2720), the exchange rate shifted by +0.0074 (+2.74%).

2017 Avg (August) 0.2794
2016 Avg (August) 0.2720

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2777 0.2672 0.2719
February 0.2792 0.2676 0.2713
March 0.2726 0.2644 0.2688
April 0.2702 0.2643 0.2672
May 0.2787 0.2668 0.2725
June 0.2727 0.2646 0.2689
July 0.2803 0.2669 0.2743
August 0.2893 0.2745 0.2794
September 0.2862 0.2792 0.2825
October 0.2845 0.2760 0.2798
November 0.2819 0.2729 0.2775
December 0.2786 0.2719 0.2753