YEARLY HIGH
0.0916 XDR
YEARLY LOW
0.0841 XDR
YEARLY AVERAGE
0.0873 XDR

2017 NOK to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 27, valuing the pair at 0.0916. Conversely, the yearly low was recorded on December 20, dropping to 0.0841.

This high-to-low spread represents a total annual volatility of 0.0075 XDR. From a start-to-finish perspective, comparing the January average rate of 0.0874 to the December average rate of 0.0850, the exchange rate registered a net change of -2.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0916 was up 2.11% compared to the 2016 peak of 0.0897, 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 458 XDR
2016 Average 428 XDR
Yearly Trough Low 420 XDR
Transaction Impact: A difference of 37.70 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0904
0.0845
JanuMarcMayJulySeptNove

NOK to XDR 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 0.0866, compared to 0.0880 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0866
H2 Avg (Jul–Dec) 0.0880

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0044 XDR (High: 0.0903 / Low: 0.0859). On the other end, June was the most stable month, with a tight range of 0.0014 XDR (High: 0.0861 / Low: 0.0847).

July Spread (Volatile) ±0.0044
June Spread (Stable) ±0.0014

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 October and November, when the average rate fell by 0.0019 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0019

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 0.0898) against the same month in 2016 (average: 0.0861), the exchange rate shifted by +0.0037 (+4.29%).

2017 Avg (August) 0.0898
2016 Avg (August) 0.0861

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0892 0.0859 0.0874
February 0.0897 0.0879 0.0886
March 0.0882 0.0858 0.0868
April 0.0863 0.0846 0.0855
May 0.0869 0.0842 0.0856
June 0.0861 0.0847 0.0855
July 0.0903 0.0859 0.0879
August 0.0916 0.0890 0.0898
September 0.0908 0.0889 0.0899
October 0.0896 0.0866 0.0887
November 0.0877 0.0849 0.0868
December 0.0856 0.0841 0.0850