YEARLY HIGH
0.9967 NOK
YEARLY LOW
0.8812 NOK
YEARLY AVERAGE
0.9452 NOK

2017 SVC to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SVC to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 4, valuing the pair at 0.9967. Conversely, the yearly low was recorded on August 29, dropping to 0.8812.

This high-to-low spread represents a total annual volatility of 0.1156 NOK. From a start-to-finish perspective, comparing the January average rate of 0.9675 to the December average rate of 0.9495, the exchange rate registered a net change of -1.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.9967 was down 2.57% compared to the 2016 peak of 1.0230, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,984 NOK
2016 Average 4,803 NOK
Yearly Trough Low 4,406 NOK
Transaction Impact: A difference of 577.87 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.9900
0.8857
JanuMarcMayJulySeptNove

SVC 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 0.9689, compared to 0.9215 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0474 points.

H1 Avg (Jan–Jun) 0.9689
H2 Avg (Jul–Dec) 0.9215

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.0579 NOK (High: 0.9602 / Low: 0.9023). On the other end, April was the most stable month, with a tight range of 0.0203 NOK (High: 0.9935 / Low: 0.9732).

July Spread (Volatile) ±0.0579
April Spread (Stable) ±0.0203

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 0.0341 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0341

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2017: 0.9723) against the same month in 2016 (average: 0.9420), the exchange rate shifted by +0.0303 (+3.22%).

2017 Avg (May) 0.9723
2016 Avg (May) 0.9420

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9888 0.9463 0.9675
February 0.9599 0.9377 0.9519
March 0.9889 0.9629 0.9730
April 0.9935 0.9732 0.9813
May 0.9967 0.9539 0.9723
June 0.9763 0.9557 0.9676
July 0.9602 0.9023 0.9335
August 0.9123 0.8812 0.9026
September 0.9102 0.8818 0.8944
October 0.9349 0.9011 0.9138
November 0.9514 0.9284 0.9354
December 0.9636 0.9390 0.9495