2017 NOK to VEF Historical Review

YEARLY HIGH

1.3503 VEF

YEARLY LOW

1.1513 VEF

YEARLY AVERAGE

1.2228 VEF

2017 NOK to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 2, valuing the pair at 1.3503. Conversely, the yearly low was recorded on April 22, dropping to 1.1513.

This high-to-low spread represents a total annual volatility of 0.1990 VEF. From a start-to-finish perspective, comparing the January average rate of 1.1801 to the December average rate of 1.2396, the exchange rate registered a net change of 5.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.3503 was up 7.95% compared to the 2016 peak of 1.2508, 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 6,751 VEF

2016 Average 5,416 VEF

Yearly Trough Low 5,756 VEF

Transaction Impact: A difference of 995.03 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.2982

1.1584

JanuMarcMayJulySeptNove

NOK to VEF 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 1.1825, compared to 1.2631 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0806 points.

H1 Avg (Jan–Jun) 1.1825

H2 Avg (Jul–Dec) 1.2631

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.1324 VEF (High: 1.3503 / Low: 1.2179). On the other end, March was the most stable month, with a tight range of 0.0252 VEF (High: 1.1862 / Low: 1.1609).

November Spread (Volatile) ±0.1324

March Spread (Stable) ±0.0252

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0247 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0247

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 1.2642) against the same month in 2016 (average: 1.1851), the exchange rate shifted by +0.0792 (+6.68%).

2017 Avg (November) 1.2642

2016 Avg (November) 1.1851

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.2121	1.1530	1.1801
February	1.2166	1.1888	1.1991
March	1.1862	1.1609	1.1744
April	1.1923	1.1513	1.1701
May	1.2192	1.1597	1.1851
June	1.2130	1.1733	1.1863
July	1.2874	1.1947	1.2385
August	1.3114	1.2680	1.2866
September	1.3060	1.2570	1.2857
October	1.2972	1.2240	1.2638
November	1.3503	1.2179	1.2642
December	1.3035	1.1892	1.2396