2017 PEN to NOK Historical Review

YEARLY HIGH

2.6800 NOK

YEARLY LOW

2.3905 NOK

YEARLY AVERAGE

2.5360 NOK

2017 PEN to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PEN to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 21, valuing the pair at 2.6800. Conversely, the yearly low was recorded on September 7, dropping to 2.3905.

This high-to-low spread represents a total annual volatility of 0.2895 NOK. From a start-to-finish perspective, comparing the January average rate of 2.5354 to the December average rate of 2.5615, the exchange rate registered a net change of 1.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.6800 was up 2.24% compared to the 2016 peak of 2.6213, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 PEN based on timing:

Yearly Peak High 13,400 NOK

2016 Average 12,449 NOK

Yearly Trough Low 11,953 NOK

Transaction Impact: A difference of 1,447.45 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.6673

2.3897

JanuMarcMayJulySeptNove

PEN to NOK 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 2.5885, compared to 2.4834 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1051 points.

H1 Avg (Jan–Jun) 2.5885

H2 Avg (Jul–Dec) 2.4834

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.1798 NOK (High: 2.5731 / Low: 2.3934). On the other end, June was the most stable month, with a tight range of 0.0406 NOK (High: 2.6122 / Low: 2.5717).

November Spread (Volatile) ±0.1798

June Spread (Stable) ±0.0406

Growth Streaks & Declines

Trends

Between January and April, 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 June and July, when the average rate fell by 0.0792 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0792

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 2.6442) against the same month in 2016 (average: 2.4913), the exchange rate shifted by +0.1529 (+6.14%).

2017 Avg (April) 2.6442

2016 Avg (April) 2.4913

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5792	2.5128	2.5354
February	2.5809	2.5183	2.5564
March	2.6394	2.5638	2.6067
April	2.6800	2.6164	2.6442
May	2.6638	2.5439	2.5978
June	2.6122	2.5717	2.5906
July	2.5761	2.4300	2.5114
August	2.4604	2.3926	2.4337
September	2.4373	2.3905	2.4128
October	2.5279	2.4261	2.4598
November	2.5731	2.3934	2.5211
December	2.5897	2.5320	2.5615