2018 ETB to NOK Historical Review

YEARLY HIGH

0.3133 NOK

YEARLY LOW

0.2773 NOK

YEARLY AVERAGE

0.2941 NOK

2018 ETB to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ETB to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.3133. Conversely, the yearly low was recorded on February 1, dropping to 0.2773.

This high-to-low spread represents a total annual volatility of 0.0360 NOK. From a start-to-finish perspective, comparing the January average rate of 0.2881 to the December average rate of 0.3062, the exchange rate registered a net change of 6.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.3133 was down 18.82% compared to the 2017 peak of 0.3859, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,566 NOK

2017 Average 1,735 NOK

Yearly Trough Low 1,386 NOK

Transaction Impact: A difference of 180.01 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.3086

0.2801

JanuMarcMayJulySeptNove

ETB 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 0.2883, compared to 0.3000 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0117 points.

H1 Avg (Jan–Jun) 0.2883

H2 Avg (Jul–Dec) 0.3000

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0205 NOK (High: 0.2996 / Low: 0.2790). On the other end, June was the most stable month, with a tight range of 0.0064 NOK (High: 0.2973 / Low: 0.2910).

January Spread (Volatile) ±0.0205

June Spread (Stable) ±0.0064

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 0.0041 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.3062) against the same month in 2017 (average: 0.3038), the exchange rate shifted by +0.0024 (+0.80%).

2018 Avg (December) 0.3062

2017 Avg (December) 0.3038

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2996	0.2790	0.2881
February	0.2909	0.2773	0.2849
March	0.2862	0.2786	0.2825
April	0.2910	0.2818	0.2855
May	0.3011	0.2907	0.2943
June	0.2973	0.2910	0.2946
July	0.2983	0.2911	0.2949
August	0.3076	0.2949	0.3019
September	0.3070	0.2899	0.2978
October	0.3030	0.2922	0.2963
November	0.3076	0.2979	0.3027
December	0.3133	0.3013	0.3062