2018 BND to NOK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 BND to NOK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the BND to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 25, valuing the pair at 6.2457. Conversely, the yearly low was recorded on June 13, dropping to 5.3035.
This high-to-low spread represents a total annual volatility of 0.9423 NOK. From a start-to-finish perspective, comparing the January average rate of 5.9825 to the December average rate of 5.5039, the exchange rate registered a net change of -8.00% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 6.2457 was down 0.06% compared to the 2017 peak of 6.2498, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
BND 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 5.9083, compared to 5.6824 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2259 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was November, with a trading range of 0.8302 NOK (High: 6.2457 / Low: 5.4155). On the other end, April was the most stable month, with a tight range of 0.1022 NOK (High: 6.0182 / Low: 5.9160).
Growth Streaks & Declines
TrendsBetween March and May, 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 November and December, when the average rate fell by 0.3460 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2018: 5.8499) against the same month in 2017 (average: 6.0375), the exchange rate shifted by -0.1876 (-3.11%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 6.1310 | 5.8769 | 5.9825 |
| February | 6.0001 | 5.8302 | 5.9362 |
| March | 6.0024 | 5.8371 | 5.9057 |
| April | 6.0182 | 5.9160 | 5.9588 |
| May | 6.1271 | 5.5263 | 5.9942 |
| June | 6.0954 | 5.3035 | 5.6721 |
| July | 6.0480 | 5.3803 | 5.7433 |
| August | 6.1017 | 5.4089 | 5.5417 |
| September | 5.9747 | 5.3948 | 5.5902 |
| October | 6.0695 | 5.7749 | 5.8653 |
| November | 6.2457 | 5.4155 | 5.8499 |
| December | 6.2082 | 5.3942 | 5.5039 |