YEARLY HIGH
0.0906 NOK
YEARLY LOW
0.0848 NOK
YEARLY AVERAGE
0.0869 NOK

2018 CVE to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the CVE to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 0.0906. Conversely, the yearly low was recorded on July 8, dropping to 0.0848.

This high-to-low spread represents a total annual volatility of 0.0057 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0871 to the December average rate of 0.0889, the exchange rate registered a net change of 2.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0906 was up 0.63% compared to the 2017 peak of 0.0900, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 453 NOK
2017 Average 422 NOK
Yearly Trough Low 424 NOK
Transaction Impact: A difference of 28.59 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0892
0.0854
JanuMarcMayJulySeptNove

CVE 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 0.0867, compared to 0.0870 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0867
H2 Avg (Jul–Dec) 0.0870

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0036 NOK (High: 0.0891 / Low: 0.0855). On the other end, April was the most stable month, with a tight range of 0.0013 NOK (High: 0.0878 / Low: 0.0865).

September Spread (Volatile) ±0.0036
April Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between June and August, 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 September and October, when the average rate fell by 0.0013 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.0889) against the same month in 2017 (average: 0.0889), the exchange rate shifted by -0.0001 (-0.09%).

2018 Avg (December) 0.0889
2017 Avg (December) 0.0889

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0889 0.0861 0.0871
February 0.0883 0.0861 0.0874
March 0.0877 0.0856 0.0866
April 0.0878 0.0865 0.0870
May 0.0880 0.0857 0.0867
June 0.0873 0.0851 0.0857
July 0.0872 0.0848 0.0860
August 0.0887 0.0859 0.0871
September 0.0891 0.0855 0.0871
October 0.0868 0.0854 0.0858
November 0.0890 0.0860 0.0872
December 0.0906 0.0871 0.0889