YEARLY HIGH
638.0429 ZMK
YEARLY LOW
0.1162 ZMK
YEARLY AVERAGE
186.2817 ZMK

2017 NOK to ZMK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to ZMK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 638.0429. Conversely, the yearly low was recorded on January 10, dropping to 0.1162.

This high-to-low spread represents a total annual volatility of 637.9266 ZMK. From a start-to-finish perspective, comparing the January average rate of 480.1238 to the December average rate of 0.1203, the exchange rate registered a net change of -99.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 638.0429 was down 3.10% compared to the 2016 peak of 658.4805, 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 3,190,214 ZMK
2016 Average 3,127,522 ZMK
Yearly Trough Low 581 ZMK
Transaction Impact: A difference of 3,189,633.14 ZMK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

679.3353
-61.6288
JanuMarcMayJulySeptNove

NOK to ZMK 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 372.4393, compared to 0.1241 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 372.3152 points.

H1 Avg (Jan–Jun) 372.4393
H2 Avg (Jul–Dec) 0.1241

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 637.9238 ZMK (High: 638.0429 / Low: 0.1191). On the other end, June was the most stable month, with a tight range of 0.0028 ZMK (High: 0.1198 / Low: 0.1170).

February Spread (Volatile) ±637.9238
June Spread (Stable) ±0.0028

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 April and May, when the average rate fell by 355.4189 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -355.4189

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 269.8251) against the same month in 2016 (average: 610.4245), the exchange rate shifted by -340.5993 (-55.80%).

2017 Avg (February) 269.8251
2016 Avg (February) 610.4245

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 637.0517 0.1162 480.1238
February 638.0429 0.1191 269.8251
March 623.7336 610.0360 617.5883
April 617.1637 605.5530 611.1998
May 613.6125 0.1167 255.7808
June 0.1198 0.1170 0.1182
July 0.1269 0.1191 0.1227
August 0.1293 0.1253 0.1268
September 0.1293 0.1256 0.1277
October 0.1268 0.1222 0.1250
November 0.1230 0.1202 0.1222
December 0.1219 0.1190 0.1203