2017 NOK to ZMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
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.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |