YEARLY HIGH
74.5275 XAF
YEARLY LOW
65.6945 XAF
YEARLY AVERAGE
70.3866 XAF

2017 NOK to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 23, valuing the pair at 74.5275. Conversely, the yearly low was recorded on December 20, dropping to 65.6945.

This high-to-low spread represents a total annual volatility of 8.8330 XAF. From a start-to-finish perspective, comparing the January average rate of 73.0007 to the December average rate of 66.6496, the exchange rate registered a net change of -8.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 74.5275 was up 1.41% compared to the 2016 peak of 73.4878, 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 372,637 XAF
2016 Average 353,503 XAF
Yearly Trough Low 328,473 XAF
Transaction Impact: A difference of 44,164.89 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

74.7874
65.9098
JanuMarcMayJulySeptNove

NOK to XAF 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 71.5798, compared to 69.1935 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.3863 points.

H1 Avg (Jan–Jun) 71.5798
H2 Avg (Jul–Dec) 69.1935

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 3.1905 XAF (High: 69.4525 / Low: 66.2621). On the other end, June was the most stable month, with a tight range of 0.9478 XAF (High: 69.4747 / Low: 68.5268).

November Spread (Volatile) ±3.1905
June Spread (Stable) ±0.9478

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 February and March, when the average rate fell by 1.8422 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.8422

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 74.0476) against the same month in 2016 (average: 68.7143), the exchange rate shifted by +5.3333 (+7.76%).

2017 Avg (February) 74.0476
2016 Avg (February) 68.7143

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 73.9781 72.2124 73.0007
February 74.5275 73.5397 74.0476
March 73.8624 71.1969 72.2054
April 72.2362 70.1096 71.2845
May 70.2749 68.8950 69.8266
June 69.4747 68.5268 69.1139
July 70.8244 68.7766 69.7981
August 71.0166 69.9063 70.3563
September 70.9418 69.7248 70.3001
October 70.3911 68.8693 69.7916
November 69.4525 66.2621 68.2653
December 67.2266 65.6945 66.6496