YEARLY HIGH
2.3150 NOK
YEARLY LOW
2.0614 NOK
YEARLY AVERAGE
2.2047 NOK

2017 SAR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SAR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 9, valuing the pair at 2.3150. Conversely, the yearly low was recorded on September 7, dropping to 2.0614.

This high-to-low spread represents a total annual volatility of 0.2536 NOK. From a start-to-finish perspective, comparing the January average rate of 2.2569 to the December average rate of 2.2163, the exchange rate registered a net change of -1.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.3150 was down 2.89% compared to the 2016 peak of 2.3839, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,575 NOK
2016 Average 11,197 NOK
Yearly Trough Low 10,307 NOK
Transaction Impact: A difference of 1,267.86 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.3113
2.0682
JanuMarcMayJulySeptNove

SAR 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 2.2598, compared to 2.1496 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1103 points.

H1 Avg (Jan–Jun) 2.2598
H2 Avg (Jul–Dec) 2.1496

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.1386 NOK (High: 2.2396 / Low: 2.1010). On the other end, April was the most stable month, with a tight range of 0.0430 NOK (High: 2.3127 / Low: 2.2697).

July Spread (Volatile) ±0.1386
April Spread (Stable) ±0.0430

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 0.0809 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0809

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2017: 2.2665) against the same month in 2016 (average: 2.1961), the exchange rate shifted by +0.0704 (+3.21%).

2017 Avg (May) 2.2665
2016 Avg (May) 2.1961

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3080 2.1985 2.2569
February 2.2395 2.1884 2.2211
March 2.2958 2.2455 2.2679
April 2.3127 2.2697 2.2911
May 2.3150 2.2223 2.2665
June 2.2794 2.2256 2.2555
July 2.2396 2.1010 2.1746
August 2.1275 2.0628 2.1034
September 2.1232 2.0614 2.0884
October 2.1826 2.1033 2.1328
November 2.2184 2.1670 2.1819
December 2.2416 2.1879 2.2163