YEARLY HIGH
1.1198 NOK
YEARLY LOW
0.9772 NOK
YEARLY AVERAGE
1.0386 NOK

2018 HKD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the HKD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 1.1198. Conversely, the yearly low was recorded on February 1, dropping to 0.9772.

This high-to-low spread represents a total annual volatility of 0.1426 NOK. From a start-to-finish perspective, comparing the January average rate of 1.0113 to the December average rate of 1.1039, the exchange rate registered a net change of 9.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.1198 was up 0.37% compared to the 2017 peak of 1.1157, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 27,994 NOK
2017 Average 26,527 NOK
Yearly Trough Low 24,430 NOK
Transaction Impact: A difference of 3,563.80 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.1152
0.9794
JanuMarcMayJulySeptNove

HKD 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 1.0117, compared to 1.0655 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0538 points.

H1 Avg (Jan–Jun) 1.0117
H2 Avg (Jul–Dec) 1.0655

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0661 NOK (High: 1.0490 / Low: 0.9829). On the other end, June was the most stable month, with a tight range of 0.0230 NOK (High: 1.0439 / Low: 1.0209).

January Spread (Volatile) ±0.0661
June Spread (Stable) ±0.0230

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 February and March, when the average rate fell by 0.0111 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0111

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 1.1039) against the same month in 2017 (average: 1.0638), the exchange rate shifted by +0.0400 (+3.76%).

2018 Avg (December) 1.1039
2017 Avg (December) 1.0638

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0490 0.9829 1.0113
February 1.0205 0.9772 1.0018
March 1.0019 0.9781 0.9907
April 1.0208 0.9885 0.9997
May 1.0569 1.0180 1.0317
June 1.0439 1.0209 1.0347
July 1.0479 1.0218 1.0361
August 1.0804 1.0414 1.0629
September 1.0767 1.0376 1.0535
October 1.0754 1.0392 1.0538
November 1.0988 1.0657 1.0827
December 1.1198 1.0876 1.1039