YEARLY HIGH
12.3524 NOK
YEARLY LOW
10.7704 NOK
YEARLY AVERAGE
11.4716 NOK

2018 JOD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JOD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 12.3524. Conversely, the yearly low was recorded on February 1, dropping to 10.7704.

This high-to-low spread represents a total annual volatility of 1.5820 NOK. From a start-to-finish perspective, comparing the January average rate of 11.1442 to the December average rate of 12.1657, the exchange rate registered a net change of 9.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 12.3524 was up 0.95% compared to the 2017 peak of 12.2362, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 61,762 NOK
2017 Average 58,292 NOK
Yearly Trough Low 53,852 NOK
Transaction Impact: A difference of 7,909.93 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

12.2869
10.8323
JanuMarcMayJulySeptNove

JOD 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 11.1755, compared to 11.7676 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5921 points.

H1 Avg (Jan–Jun) 11.1755
H2 Avg (Jul–Dec) 11.7676

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.7072 NOK (High: 11.5369 / Low: 10.8297). On the other end, June was the most stable month, with a tight range of 0.2551 NOK (High: 11.5474 / Low: 11.2922).

January Spread (Volatile) ±0.7072
June Spread (Stable) ±0.2551

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 0.1240 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1240

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 12.1657) against the same month in 2017 (average: 11.7185), the exchange rate shifted by +0.4472 (+3.82%).

2018 Avg (December) 12.1657
2017 Avg (December) 11.7185

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.5369 10.8297 11.1442
February 11.2415 10.7704 11.0447
March 11.0910 10.8119 10.9535
April 11.2910 10.9370 11.0584
May 11.6877 11.2625 11.4131
June 11.5474 11.2922 11.4391
July 11.5936 11.3026 11.4605
August 11.9537 11.5199 11.7579
September 11.9131 11.4244 11.6340
October 11.8869 11.4786 11.6413
November 12.1155 11.7595 11.9463
December 12.3524 11.9800 12.1657