YEARLY HIGH
10.0178 NOK
YEARLY LOW
9.4096 NOK
YEARLY AVERAGE
9.6076 NOK

2018 EUR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the EUR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 10.0178. Conversely, the yearly low was recorded on June 14, dropping to 9.4096.

This high-to-low spread represents a total annual volatility of 0.6082 NOK. From a start-to-finish perspective, comparing the January average rate of 9.6457 to the December average rate of 9.8238, the exchange rate registered a net change of 1.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 10.0178 was up 0.33% compared to the 2017 peak of 9.9850, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 50,089 NOK
2017 Average 46,674 NOK
Yearly Trough Low 47,048 NOK
Transaction Impact: A difference of 3,041.08 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

9.8580
9.4474
JanuMarcMayJulySeptNove

EUR 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 9.5977, compared to 9.6175 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0197 points.

H1 Avg (Jan–Jun) 9.5977
H2 Avg (Jul–Dec) 9.6175

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.3658 NOK (High: 10.0178 / Low: 9.6520). On the other end, October was the most stable month, with a tight range of 0.1168 NOK (High: 9.5449 / Low: 9.4282).

December Spread (Volatile) ±0.3658
October Spread (Stable) ±0.1168

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 0.1308 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1308

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 9.8238) against the same month in 2017 (average: 9.8421), the exchange rate shifted by -0.0183 (-0.19%).

2018 Avg (December) 9.8238
2017 Avg (December) 9.8421

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.8453 9.5479 9.6457
February 9.7752 9.5603 9.6740
March 9.6976 9.4833 9.5820
April 9.7043 9.5772 9.6306
May 9.7069 9.4625 9.5724
June 9.5517 9.4096 9.4816
July 9.5937 9.4190 9.5092
August 9.7547 9.5141 9.6285
September 9.7885 9.4524 9.6200
October 9.5449 9.4282 9.4892
November 9.7620 9.5272 9.6340
December 10.0178 9.6520 9.8238