YEARLY HIGH
6.5280 NOK
YEARLY LOW
5.8894 NOK
YEARLY AVERAGE
6.2790 NOK

2018 CAD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the CAD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 6.5280. Conversely, the yearly low was recorded on March 17, dropping to 5.8894.

This high-to-low spread represents a total annual volatility of 0.6386 NOK. From a start-to-finish perspective, comparing the January average rate of 6.3610 to the December average rate of 6.4196, the exchange rate registered a net change of 0.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 6.5280 was down 0.61% compared to the 2017 peak of 6.5679, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 32,640 NOK
2017 Average 31,854 NOK
Yearly Trough Low 29,447 NOK
Transaction Impact: A difference of 3,192.90 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

6.4646
5.9679
JanuMarcMayJulySeptNove

CAD 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 6.2061, compared to 6.3519 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1458 points.

H1 Avg (Jan–Jun) 6.2061
H2 Avg (Jul–Dec) 6.3519

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.2878 NOK (High: 6.5280 / Low: 6.2403). On the other end, May was the most stable month, with a tight range of 0.1173 NOK (High: 6.3644 / Low: 6.2471).

January Spread (Volatile) ±0.2878
May Spread (Stable) ±0.1173

Growth Streaks & Declines

Trends

Between 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 February and March, when the average rate fell by 0.2213 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2213

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 6.3610) against the same month in 2017 (average: 6.4063), the exchange rate shifted by -0.0453 (-0.71%).

2018 Avg (January) 6.3610
2017 Avg (January) 6.4063

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.5280 6.2403 6.3610
February 6.3377 6.1555 6.2306
March 6.1102 5.8894 6.0093
April 6.2429 6.0928 6.1574
May 6.3644 6.2471 6.2903
June 6.3144 6.0938 6.1883
July 6.2708 6.1097 6.1935
August 6.4736 6.2792 6.3959
September 6.4283 6.2172 6.3377
October 6.4109 6.2696 6.3414
November 6.4950 6.3600 6.4232
December 6.4849 6.3317 6.4196