YEARLY HIGH
1.0033 NOK
YEARLY LOW
0.9235 NOK
YEARLY AVERAGE
0.9683 NOK

2017 SEK to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SEK to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 1.0033. Conversely, the yearly low was recorded on February 27, dropping to 0.9235.

This high-to-low spread represents a total annual volatility of 0.0799 NOK. From a start-to-finish perspective, comparing the January average rate of 0.9461 to the December average rate of 0.9918, the exchange rate registered a net change of 4.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.0033 was down 4.24% compared to the 2016 peak of 1.0477, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,017 NOK
2016 Average 4,911 NOK
Yearly Trough Low 4,617 NOK
Transaction Impact: A difference of 399.33 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.9975
0.9290
JanuMarcMayJulySeptNove

SEK 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 0.9561, compared to 0.9804 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0242 points.

H1 Avg (Jan–Jun) 0.9561
H2 Avg (Jul–Dec) 0.9804

Volatility Range Comparison

Volatility

The most volatile month in 2017 was March, with a trading range of 0.0363 NOK (High: 0.9662 / Low: 0.9299). On the other end, January was the most stable month, with a tight range of 0.0126 NOK (High: 0.9540 / Low: 0.9415).

March Spread (Volatile) ±0.0363
January Spread (Stable) ±0.0126

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0113 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0113

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 0.9918) against the same month in 2016 (average: 0.9305), the exchange rate shifted by +0.0613 (+6.59%).

2017 Avg (December) 0.9918
2016 Avg (December) 0.9305

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9540 0.9415 0.9461
February 0.9429 0.9235 0.9347
March 0.9662 0.9299 0.9541
April 0.9800 0.9488 0.9588
May 0.9825 0.9596 0.9686
June 0.9904 0.9681 0.9746
July 0.9929 0.9659 0.9811
August 0.9851 0.9721 0.9761
September 0.9859 0.9716 0.9787
October 0.9850 0.9718 0.9780
November 0.9924 0.9684 0.9765
December 1.0033 0.9800 0.9918