YEARLY HIGH
0.0653 NOK
YEARLY LOW
0.0505 NOK
YEARLY AVERAGE
0.0569 NOK

2018 LRD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the LRD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0653. Conversely, the yearly low was recorded on July 17, dropping to 0.0505.

This high-to-low spread represents a total annual volatility of 0.0149 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0624 to the December average rate of 0.0548, the exchange rate registered a net change of -12.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0653 was down 31.13% compared to the 2017 peak of 0.0949, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 327 NOK
2017 Average 403 NOK
Yearly Trough Low 252 NOK
Transaction Impact: A difference of 74.36 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0633
0.0514
JanuMarcMayJulySeptNove

LRD 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 0.0602, compared to 0.0536 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0066 points.

H1 Avg (Jan–Jun) 0.0602
H2 Avg (Jul–Dec) 0.0536

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0056 NOK (High: 0.0653 / Low: 0.0597). On the other end, August was the most stable month, with a tight range of 0.0013 NOK (High: 0.0551 / Low: 0.0538).

January Spread (Volatile) ±0.0056
August Spread (Stable) ±0.0013

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 June and July, when the average rate fell by 0.0046 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0046

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.0624) against the same month in 2017 (average: 0.0904), the exchange rate shifted by -0.0281 (-31.04%).

2018 Avg (January) 0.0624
2017 Avg (January) 0.0904

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0653 0.0597 0.0624
February 0.0637 0.0600 0.0621
March 0.0601 0.0584 0.0593
April 0.0610 0.0588 0.0598
May 0.0620 0.0589 0.0605
June 0.0592 0.0543 0.0570
July 0.0544 0.0505 0.0524
August 0.0551 0.0538 0.0544
September 0.0548 0.0510 0.0533
October 0.0538 0.0519 0.0527
November 0.0544 0.0530 0.0537
December 0.0558 0.0538 0.0548