YEARLY HIGH
23.2694 NOK
YEARLY LOW
20.2716 NOK
YEARLY AVERAGE
21.5757 NOK

2018 BHD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BHD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 23.2694. Conversely, the yearly low was recorded on February 1, dropping to 20.2716.

This high-to-low spread represents a total annual volatility of 2.9978 NOK. From a start-to-finish perspective, comparing the January average rate of 20.9799 to the December average rate of 22.9065, the exchange rate registered a net change of 9.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 23.2694 was up 1.05% compared to the 2017 peak of 23.0270, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 116,347 NOK
2017 Average 109,627 NOK
Yearly Trough Low 101,358 NOK
Transaction Impact: A difference of 14,988.82 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

23.1367
20.3747
JanuMarcMayJulySeptNove

BHD 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 21.0187, compared to 22.1326 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1139 points.

H1 Avg (Jan–Jun) 21.0187
H2 Avg (Jul–Dec) 22.1326

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 1.4083 NOK (High: 21.7885 / Low: 20.3802). On the other end, June was the most stable month, with a tight range of 0.4722 NOK (High: 21.6804 / Low: 21.2082).

January Spread (Volatile) ±1.4083
June Spread (Stable) ±0.4722

Growth Streaks & Declines

Trends

Between March and June, 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 August and September, when the average rate fell by 0.2081 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2081

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 22.9065) against the same month in 2017 (average: 22.0427), the exchange rate shifted by +0.8638 (+3.92%).

2018 Avg (December) 22.9065
2017 Avg (December) 22.0427

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 21.7885 20.3802 20.9799
February 21.1614 20.2716 20.7845
March 20.8494 20.3526 20.6049
April 21.2471 20.5746 20.8107
May 21.9604 21.2155 21.4619
June 21.6804 21.2082 21.4705
July 21.7349 21.1181 21.4676
August 22.4913 21.6109 22.1094
September 22.4204 21.5049 21.9013
October 22.3757 21.6041 21.9151
November 22.8050 22.1331 22.4956
December 23.2694 22.5487 22.9065