YEARLY HIGH
1.1657 NOK
YEARLY LOW
1.0394 NOK
YEARLY AVERAGE
1.1042 NOK

2017 SRD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SRD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 1.1657. Conversely, the yearly low was recorded on September 7, dropping to 1.0394.

This high-to-low spread represents a total annual volatility of 0.1263 NOK. From a start-to-finish perspective, comparing the January average rate of 1.1336 to the December average rate of 1.1149, the exchange rate registered a net change of -1.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 1.1657 was down 47.98% compared to the 2016 peak of 2.2410, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,828 NOK
2016 Average 7,313 NOK
Yearly Trough Low 5,197 NOK
Transaction Impact: A difference of 631.46 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1.1474
1.0444
JanuMarcMayJulySeptNove

SRD 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 1.1263, compared to 1.0820 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0443 points.

H1 Avg (Jan–Jun) 1.1263
H2 Avg (Jul–Dec) 1.0820

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.0676 NOK (High: 1.1657 / Low: 1.0981). On the other end, April was the most stable month, with a tight range of 0.0214 NOK (High: 1.1492 / Low: 1.1278).

January Spread (Volatile) ±0.0676
April Spread (Stable) ±0.0214

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 0.0345 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0345

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 1.1336) against the same month in 2016 (average: 2.2068), the exchange rate shifted by -1.0732 (-48.63%).

2017 Avg (January) 1.1336
2016 Avg (January) 2.2068

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1657 1.0981 1.1336
February 1.1148 1.0902 1.1053
March 1.1412 1.1165 1.1272
April 1.1492 1.1278 1.1389
May 1.1518 1.1056 1.1278
June 1.1371 1.1133 1.1253
July 1.1202 1.0565 1.0908
August 1.0726 1.0400 1.0604
September 1.0706 1.0394 1.0530
October 1.0988 1.0591 1.0743
November 1.1171 1.0911 1.0987
December 1.1272 1.1002 1.1149