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