YEARLY HIGH
0.0535 NOK
YEARLY LOW
0.0472 NOK
YEARLY AVERAGE
0.0502 NOK

2018 LKR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the LKR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0535. Conversely, the yearly low was recorded on December 31, dropping to 0.0472.

This high-to-low spread represents a total annual volatility of 0.0063 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0514 to the December average rate of 0.0479, the exchange rate registered a net change of -6.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0535 was down 7.31% compared to the 2017 peak of 0.0577, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 268 NOK
2017 Average 271 NOK
Yearly Trough Low 236 NOK
Transaction Impact: A difference of 31.61 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0525
0.0475
JanuMarcMayJulySeptNove

LKR 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 0.0508, compared to 0.0496 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0508
H2 Avg (Jul–Dec) 0.0496

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0042 NOK (High: 0.0522 / Low: 0.0480). On the other end, October was the most stable month, with a tight range of 0.0010 NOK (High: 0.0487 / Low: 0.0477).

September Spread (Volatile) ±0.0042
October Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between March and May, 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 0.0020 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.0514) against the same month in 2017 (average: 0.0564), the exchange rate shifted by -0.0050 (-8.89%).

2018 Avg (January) 0.0514
2017 Avg (January) 0.0564

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0535 0.0500 0.0514
February 0.0517 0.0496 0.0506
March 0.0506 0.0492 0.0499
April 0.0509 0.0496 0.0502
May 0.0525 0.0506 0.0513
June 0.0518 0.0502 0.0511
July 0.0516 0.0504 0.0511
August 0.0529 0.0512 0.0520
September 0.0522 0.0480 0.0500
October 0.0487 0.0477 0.0482
November 0.0490 0.0475 0.0481
December 0.0485 0.0472 0.0479