YEARLY HIGH
0.4899 NOK
YEARLY LOW
0.4331 NOK
YEARLY AVERAGE
0.4571 NOK

2018 EGP to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the EGP to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 0.4899. Conversely, the yearly low was recorded on February 1, dropping to 0.4331.

This high-to-low spread represents a total annual volatility of 0.0569 NOK. From a start-to-finish perspective, comparing the January average rate of 0.4467 to the December average rate of 0.4821, the exchange rate registered a net change of 7.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.4899 was down 7.82% compared to the 2017 peak of 0.5315, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,450 NOK
2017 Average 2,320 NOK
Yearly Trough Low 2,165 NOK
Transaction Impact: A difference of 284.35 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.4862
0.4366
JanuMarcMayJulySeptNove

EGP 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 0.4474, compared to 0.4667 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0193 points.

H1 Avg (Jan–Jun) 0.4474
H2 Avg (Jul–Dec) 0.4667

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0270 NOK (High: 0.4615 / Low: 0.4346). On the other end, June was the most stable month, with a tight range of 0.0098 NOK (High: 0.4579 / Low: 0.4481).

January Spread (Volatile) ±0.0270
June Spread (Stable) ±0.0098

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 August and September, when the average rate fell by 0.0051 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.4821) against the same month in 2017 (average: 0.4666), the exchange rate shifted by +0.0155 (+3.32%).

2018 Avg (December) 0.4821
2017 Avg (December) 0.4666

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4615 0.4346 0.4467
February 0.4518 0.4331 0.4434
March 0.4455 0.4347 0.4407
April 0.4538 0.4383 0.4440
May 0.4628 0.4486 0.4551
June 0.4579 0.4481 0.4545
July 0.4599 0.4475 0.4546
August 0.4738 0.4570 0.4668
September 0.4730 0.4525 0.4617
October 0.4709 0.4547 0.4613
November 0.4804 0.4658 0.4736
December 0.4899 0.4744 0.4821