YEARLY HIGH
1.2695 NOK
YEARLY LOW
1.1060 NOK
YEARLY AVERAGE
1.1780 NOK

2018 BOB to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BOB to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 1.2695. Conversely, the yearly low was recorded on February 1, dropping to 1.1060.

This high-to-low spread represents a total annual volatility of 0.1635 NOK. From a start-to-finish perspective, comparing the January average rate of 1.1441 to the December average rate of 1.2493, the exchange rate registered a net change of 9.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.2695 was up 1.19% compared to the 2017 peak of 1.2546, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,347 NOK
2017 Average 5,959 NOK
Yearly Trough Low 5,530 NOK
Transaction Impact: A difference of 817.47 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.2618
1.1115
JanuMarcMayJulySeptNove

BOB 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 1.1473, compared to 1.2087 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0614 points.

H1 Avg (Jan–Jun) 1.1473
H2 Avg (Jul–Dec) 1.2087

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0726 NOK (High: 1.1847 / Low: 1.1121). On the other end, June was the most stable month, with a tight range of 0.0260 NOK (High: 1.1853 / Low: 1.1593).

January Spread (Volatile) ±0.0726
June Spread (Stable) ±0.0260

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0139 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0139

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 1.2493) against the same month in 2017 (average: 1.2023), the exchange rate shifted by +0.0470 (+3.91%).

2018 Avg (December) 1.2493
2017 Avg (December) 1.2023

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1847 1.1121 1.1441
February 1.1545 1.1060 1.1338
March 1.1377 1.1107 1.1241
April 1.1585 1.1220 1.1356
May 1.1997 1.1566 1.1717
June 1.1853 1.1593 1.1747
July 1.1946 1.1615 1.1779
August 1.2276 1.1817 1.2080
September 1.2219 1.1729 1.1941
October 1.2189 1.1784 1.1955
November 1.2512 1.2063 1.2275
December 1.2695 1.2287 1.2493