2018 BHD to NOK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
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.
Comparing the value generated converting 5,000 BHD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |