YEARLY HIGH
0.8686 NOK
YEARLY LOW
0.7406 NOK
YEARLY AVERAGE
0.8190 NOK

2017 VEF to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the VEF to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 21, valuing the pair at 0.8686. Conversely, the yearly low was recorded on November 2, dropping to 0.7406.

This high-to-low spread represents a total annual volatility of 0.1280 NOK. From a start-to-finish perspective, comparing the January average rate of 0.8475 to the December average rate of 0.8074, the exchange rate registered a net change of -4.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.8686 was down 38.64% compared to the 2016 peak of 1.4156, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,343 NOK
2016 Average 4,831 NOK
Yearly Trough Low 3,703 NOK
Transaction Impact: A difference of 640.09 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.8625
0.7696
JanuMarcMayJulySeptNove

VEF 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 0.8458, compared to 0.7923 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0536 points.

H1 Avg (Jan–Jun) 0.8458
H2 Avg (Jul–Dec) 0.7923

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.0805 NOK (High: 0.8211 / Low: 0.7406). On the other end, March was the most stable month, with a tight range of 0.0183 NOK (High: 0.8614 / Low: 0.8430).

November Spread (Volatile) ±0.0805
March Spread (Stable) ±0.0183

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0352 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0352

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2017: 0.8548) against the same month in 2016 (average: 0.8250), the exchange rate shifted by +0.0298 (+3.61%).

2017 Avg (April) 0.8548
2016 Avg (April) 0.8250

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8673 0.8250 0.8475
February 0.8412 0.8220 0.8340
March 0.8614 0.8430 0.8515
April 0.8686 0.8387 0.8548
May 0.8623 0.8202 0.8440
June 0.8523 0.8244 0.8430
July 0.8370 0.7768 0.8079
August 0.7887 0.7625 0.7773
September 0.7955 0.7657 0.7779
October 0.8170 0.7709 0.7914
November 0.8211 0.7406 0.7917
December 0.8409 0.7672 0.8074