YEARLY HIGH
2.1591 NOK
YEARLY LOW
1.9499 NOK
YEARLY AVERAGE
2.0419 NOK

2017 RON to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the RON to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 2.1591. Conversely, the yearly low was recorded on February 21, dropping to 1.9499.

This high-to-low spread represents a total annual volatility of 0.2092 NOK. From a start-to-finish perspective, comparing the January average rate of 1.9980 to the December average rate of 2.1226, the exchange rate registered a net change of 6.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.1591 was down 0.13% compared to the 2016 peak of 2.1620, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,796 NOK
2016 Average 10,349 NOK
Yearly Trough Low 9,750 NOK
Transaction Impact: A difference of 1,045.85 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.1385
1.9478
JanuMarcMayJulySeptNove

RON 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 2.0225, compared to 2.0614 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0389 points.

H1 Avg (Jan–Jun) 2.0225
H2 Avg (Jul–Dec) 2.0614

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0930 NOK (High: 2.1320 / Low: 2.0390). On the other end, February was the most stable month, with a tight range of 0.0333 NOK (High: 1.9832 / Low: 1.9499).

November Spread (Volatile) ±0.0930
February Spread (Stable) ±0.0333

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0342 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0342

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 2.1226) against the same month in 2016 (average: 1.9995), the exchange rate shifted by +0.1231 (+6.16%).

2017 Avg (December) 2.1226
2016 Avg (December) 1.9995

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0191 1.9764 1.9980
February 1.9832 1.9499 1.9637
March 2.0250 1.9621 1.9999
April 2.0676 2.0064 2.0317
May 2.0969 2.0540 2.0642
June 2.1092 2.0614 2.0774
July 2.0902 2.0275 2.0584
August 2.0571 1.9963 2.0353
September 2.0464 2.0124 2.0294
October 2.0716 2.0325 2.0478
November 2.1320 2.0390 2.0748
December 2.1591 2.1058 2.1226