YEARLY HIGH
74.9577 XOF
YEARLY LOW
65.6945 XOF
YEARLY AVERAGE
70.4357 XOF

2017 NOK to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 74.9577. Conversely, the yearly low was recorded on December 20, dropping to 65.6945.

This high-to-low spread represents a total annual volatility of 9.2632 XOF. From a start-to-finish perspective, comparing the January average rate of 73.1196 to the December average rate of 66.6496, the exchange rate registered a net change of -8.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 74.9577 was up 1.61% compared to the 2016 peak of 73.7718, 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 374,788 XOF
2016 Average 354,606 XOF
Yearly Trough Low 328,473 XOF
Transaction Impact: A difference of 46,315.90 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

74.9275
65.8971
JanuMarcMayJulySeptNove

NOK to XOF 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 71.6664, compared to 69.2049 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.4615 points.

H1 Avg (Jan–Jun) 71.6664
H2 Avg (Jul–Dec) 69.2049

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 3.1905 XOF (High: 69.4525 / Low: 66.2621). On the other end, June was the most stable month, with a tight range of 0.8221 XOF (High: 69.5158 / Low: 68.6937).

November Spread (Volatile) ±3.1905
June Spread (Stable) ±0.8221

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 1.8161 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.8161

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 74.1749) against the same month in 2016 (average: 69.1378), the exchange rate shifted by +5.0371 (+7.29%).

2017 Avg (February) 74.1749
2016 Avg (February) 69.1378

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 74.2808 72.3309 73.1196
February 74.9577 73.5280 74.1749
March 73.9558 71.3019 72.3588
April 72.2148 70.1831 71.3093
May 70.2512 69.0412 69.8653
June 69.5158 68.6937 69.1707
July 70.8244 68.8648 69.8667
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