YEARLY HIGH
0.3496 XCD
YEARLY LOW
0.3113 XCD
YEARLY AVERAGE
0.3272 XCD

2017 NOK to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 0.3496. Conversely, the yearly low was recorded on May 9, dropping to 0.3113.

This high-to-low spread represents a total annual volatility of 0.0383 XCD. From a start-to-finish perspective, comparing the January average rate of 0.3193 to the December average rate of 0.3252, the exchange rate registered a net change of 1.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.3496 was up 3.30% compared to the 2016 peak of 0.3384, 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 1,748 XCD
2016 Average 1,609 XCD
Yearly Trough Low 1,556 XCD
Transaction Impact: A difference of 191.39 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.3481
0.3114
JanuMarcMayJulySeptNove

NOK to XCD 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 0.3189, compared to 0.3354 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0165 points.

H1 Avg (Jan–Jun) 0.3189
H2 Avg (Jul–Dec) 0.3354

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0212 XCD (High: 0.3430 / Low: 0.3218). On the other end, April was the most stable month, with a tight range of 0.0059 XCD (High: 0.3175 / Low: 0.3116).

July Spread (Volatile) ±0.0212
April Spread (Stable) ±0.0059

Growth Streaks & Declines

Trends

Between 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 0.0076 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0076

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 0.3451) against the same month in 2016 (average: 0.3286), the exchange rate shifted by +0.0165 (+5.03%).

2017 Avg (September) 0.3451
2016 Avg (September) 0.3286

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3277 0.3122 0.3193
February 0.3293 0.3218 0.3245
March 0.3209 0.3139 0.3178
April 0.3175 0.3116 0.3145
May 0.3243 0.3113 0.3180
June 0.3238 0.3162 0.3195
July 0.3430 0.3218 0.3315
August 0.3494 0.3388 0.3426
September 0.3496 0.3394 0.3451
October 0.3426 0.3302 0.3379
November 0.3325 0.3248 0.3303
December 0.3294 0.3215 0.3252