2017 NOK to ZAR Historical Review

YEARLY HIGH

1.7711 ZAR

YEARLY LOW

1.4660 ZAR

YEARLY AVERAGE

1.6110 ZAR

2017 NOK to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 13, valuing the pair at 1.7711. Conversely, the yearly low was recorded on March 24, dropping to 1.4660.

This high-to-low spread represents a total annual volatility of 0.3050 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.6047 to the December average rate of 1.5748, the exchange rate registered a net change of -1.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.7711 was down 7.02% compared to the 2016 peak of 1.9048, 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 8,855 ZAR

2016 Average 8,751 ZAR

Yearly Trough Low 7,330 ZAR

Transaction Impact: A difference of 1,525.22 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.7428

1.4992

JanuMarcMayJulySeptNove

NOK to ZAR 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 1.5588, compared to 1.6631 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1043 points.

H1 Avg (Jan–Jun) 1.5588

H2 Avg (Jul–Dec) 1.6631

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.1747 ZAR (High: 1.6591 / Low: 1.4845). On the other end, August was the most stable month, with a tight range of 0.0374 ZAR (High: 1.7000 / Low: 1.6626).

December Spread (Volatile) ±0.1747

August Spread (Stable) ±0.0374

Growth Streaks & Declines

Trends

Between June and November, 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 November and December, when the average rate fell by 0.1477 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1477

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 1.7225) against the same month in 2016 (average: 1.6599), the exchange rate shifted by +0.0625 (+3.77%).

2017 Avg (November) 1.7225

2016 Avg (November) 1.6599

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6347	1.5849	1.6047
February	1.6354	1.5430	1.5820
March	1.5718	1.4660	1.5195
April	1.6153	1.5131	1.5630
May	1.5869	1.5296	1.5594
June	1.5689	1.4987	1.5243
July	1.6721	1.5660	1.6098
August	1.7000	1.6626	1.6787
September	1.7082	1.6423	1.6801
October	1.7588	1.6817	1.7127
November	1.7711	1.6499	1.7225
December	1.6591	1.4845	1.5748