2017 NOK to TRY Historical Review

YEARLY HIGH

0.4868 TRY

YEARLY LOW

0.4081 TRY

YEARLY AVERAGE

0.4413 TRY

2017 NOK to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 24, valuing the pair at 0.4868. Conversely, the yearly low was recorded on January 1, dropping to 0.4081.

This high-to-low spread represents a total annual volatility of 0.0787 TRY. From a start-to-finish perspective, comparing the January average rate of 0.4423 to the December average rate of 0.4619, the exchange rate registered a net change of 4.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.4868 was up 15.92% compared to the 2016 peak of 0.4200, 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 2,434 TRY

2016 Average 1,801 TRY

Yearly Trough Low 2,041 TRY

Transaction Impact: A difference of 393.38 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.4817

0.4100

JanuMarcMayJulySeptNove

NOK to TRY 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 0.4290, compared to 0.4536 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0246 points.

H1 Avg (Jan–Jun) 0.4290

H2 Avg (Jul–Dec) 0.4536

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0566 TRY (High: 0.4648 / Low: 0.4081). On the other end, August was the most stable month, with a tight range of 0.0066 TRY (High: 0.4485 / Low: 0.4419).

January Spread (Volatile) ±0.0566

August Spread (Stable) ±0.0066

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0139 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0139

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 0.4757) against the same month in 2016 (average: 0.3911), the exchange rate shifted by +0.0847 (+21.65%).

2017 Avg (November) 0.4757

2016 Avg (November) 0.3911

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4648	0.4081	0.4423
February	0.4583	0.4281	0.4397
March	0.4409	0.4233	0.4318
April	0.4327	0.4138	0.4246
May	0.4276	0.4082	0.4197
June	0.4218	0.4126	0.4160
July	0.4479	0.4217	0.4362
August	0.4485	0.4419	0.4446
September	0.4534	0.4355	0.4432
October	0.4692	0.4457	0.4601
November	0.4868	0.4672	0.4757
December	0.4727	0.4549	0.4619