YEARLY HIGH
0.6793 NOK
YEARLY LOW
0.5639 NOK
YEARLY AVERAGE
0.6218 NOK

2017 SZL to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SZL to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 0.6793. Conversely, the yearly low was recorded on November 13, dropping to 0.5639.

This high-to-low spread represents a total annual volatility of 0.1154 NOK. From a start-to-finish perspective, comparing the January average rate of 0.6248 to the December average rate of 0.6332, the exchange rate registered a net change of 1.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.6793 was up 7.69% compared to the 2016 peak of 0.6308, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,397 NOK
2016 Average 2,864 NOK
Yearly Trough Low 2,819 NOK
Transaction Impact: A difference of 577.23 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.6666
0.5721
JanuMarcMayJulySeptNove

SZL 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 0.6419, compared to 0.6017 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0402 points.

H1 Avg (Jan–Jun) 0.6419
H2 Avg (Jul–Dec) 0.6017

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.0657 NOK (High: 0.6691 / Low: 0.6034). On the other end, August was the most stable month, with a tight range of 0.0139 NOK (High: 0.6039 / Low: 0.5900).

December Spread (Volatile) ±0.0657
August Spread (Stable) ±0.0139

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0361 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0361

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2017: 0.6587) against the same month in 2016 (average: 0.5511), the exchange rate shifted by +0.1077 (+19.54%).

2017 Avg (March) 0.6587
2016 Avg (March) 0.5511

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6345 0.6110 0.6248
February 0.6474 0.6105 0.6309
March 0.6793 0.6408 0.6587
April 0.6616 0.6183 0.6384
May 0.6513 0.6295 0.6416
June 0.6664 0.6398 0.6569
July 0.6398 0.6057 0.6208
August 0.6039 0.5900 0.5960
September 0.6053 0.5855 0.5959
October 0.5923 0.5733 0.5843
November 0.6071 0.5639 0.5800
December 0.6691 0.6034 0.6332