YEARLY HIGH
0.0793 NOK
YEARLY LOW
0.0699 NOK
YEARLY AVERAGE
0.0737 NOK

2018 JPY to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JPY to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 24, valuing the pair at 0.0793. Conversely, the yearly low was recorded on February 1, dropping to 0.0699.

This high-to-low spread represents a total annual volatility of 0.0095 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0713 to the December average rate of 0.0770, the exchange rate registered a net change of 8.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0793 was down 0.24% compared to the 2017 peak of 0.0795, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 39,659 NOK
2017 Average 36,866 NOK
Yearly Trough Low 34,925 NOK
Transaction Impact: A difference of 4,733.70 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0776
0.0707
JanuMarcMayJulySeptNove

JPY 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 0.0729, compared to 0.0745 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0729
H2 Avg (Jul–Dec) 0.0745

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0047 NOK (High: 0.0762 / Low: 0.0716). On the other end, March was the most stable month, with a tight range of 0.0015 NOK (High: 0.0741 / Low: 0.0726).

September Spread (Volatile) ±0.0047
March Spread (Stable) ±0.0015

Growth Streaks & Declines

Trends

Between January and March, 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 0.0015 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.0770) against the same month in 2017 (average: 0.0736), the exchange rate shifted by +0.0034 (+4.64%).

2018 Avg (December) 0.0770
2017 Avg (December) 0.0736

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0727 0.0706 0.0713
February 0.0741 0.0699 0.0726
March 0.0741 0.0726 0.0733
April 0.0746 0.0723 0.0729
May 0.0765 0.0725 0.0738
June 0.0747 0.0727 0.0737
July 0.0738 0.0720 0.0730
August 0.0767 0.0732 0.0752
September 0.0762 0.0716 0.0737
October 0.0747 0.0715 0.0733
November 0.0762 0.0735 0.0748
December 0.0793 0.0750 0.0770