YEARLY HIGH
0.0406 NOK
YEARLY LOW
0.0150 NOK
YEARLY AVERAGE
0.0300 NOK

2017 SYP to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SYP to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0406. Conversely, the yearly low was recorded on September 7, dropping to 0.0150.

This high-to-low spread represents a total annual volatility of 0.0256 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0395 to the December average rate of 0.0161, the exchange rate registered a net change of -59.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.0406 was down 0.68% compared to the 2016 peak of 0.0409, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 203 NOK
2016 Average 194 NOK
Yearly Trough Low 75 NOK
Transaction Impact: A difference of 127.84 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.0426
0.0127
JanuMarcMayJulySeptNove

SYP 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 0.0396, compared to 0.0204 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0192 points.

H1 Avg (Jan–Jun) 0.0396
H2 Avg (Jul–Dec) 0.0204

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0220 NOK (High: 0.0371 / Low: 0.0150). On the other end, November was the most stable month, with a tight range of 0.0004 NOK (High: 0.0162 / Low: 0.0158).

August Spread (Volatile) ±0.0220
November Spread (Stable) ±0.0004

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 July and August, when the average rate fell by 0.0165 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0165

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 0.0395) against the same month in 2016 (average: 0.0400), the exchange rate shifted by -0.0005 (-1.24%).

2017 Avg (January) 0.0395
2016 Avg (January) 0.0400

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0406 0.0385 0.0395
February 0.0392 0.0383 0.0389
March 0.0402 0.0393 0.0397
April 0.0405 0.0397 0.0401
May 0.0405 0.0389 0.0397
June 0.0399 0.0389 0.0395
July 0.0392 0.0367 0.0380
August 0.0371 0.0150 0.0216
September 0.0155 0.0150 0.0152
October 0.0159 0.0153 0.0155
November 0.0162 0.0158 0.0159
December 0.0163 0.0159 0.0161