YEARLY HIGH
2.3842 NOK
YEARLY LOW
2.0858 NOK
YEARLY AVERAGE
2.2495 NOK

2017 QAR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the QAR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 9, valuing the pair at 2.3842. Conversely, the yearly low was recorded on October 17, dropping to 2.0858.

This high-to-low spread represents a total annual volatility of 0.2984 NOK. From a start-to-finish perspective, comparing the January average rate of 2.3247 to the December average rate of 2.2657, the exchange rate registered a net change of -2.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.3842 was down 2.96% compared to the 2016 peak of 2.4569, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,921 NOK
2016 Average 11,534 NOK
Yearly Trough Low 10,429 NOK
Transaction Impact: A difference of 1,491.93 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.3848
2.0910
JanuMarcMayJulySeptNove

QAR 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 2.3240, compared to 2.1751 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1489 points.

H1 Avg (Jan–Jun) 2.3240
H2 Avg (Jul–Dec) 2.1751

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.1723 NOK (High: 2.2679 / Low: 2.0956). On the other end, April was the most stable month, with a tight range of 0.0445 NOK (High: 2.3821 / Low: 2.3376).

November Spread (Volatile) ±0.1723
April Spread (Stable) ±0.0445

Growth Streaks & Declines

Trends

Between September and December, 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 0.0771 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0771

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2017: 2.3346) against the same month in 2016 (average: 2.2625), the exchange rate shifted by +0.0721 (+3.19%).

2017 Avg (May) 2.3346
2016 Avg (May) 2.2625

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3771 2.2646 2.3247
February 2.3066 2.2542 2.2877
March 2.3642 2.3129 2.3358
April 2.3821 2.3376 2.3603
May 2.3842 2.2887 2.3346
June 2.3325 2.2302 2.3010
July 2.3069 2.1528 2.2239
August 2.1912 2.1018 2.1560
September 2.1434 2.0881 2.1154
October 2.2471 2.0858 2.1391
November 2.2679 2.0956 2.1504
December 2.3022 2.2328 2.2657