YEARLY HIGH
0.0398 NOK
YEARLY LOW
0.0215 NOK
YEARLY AVERAGE
0.0229 NOK

2018 MRO to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MRO to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 8, valuing the pair at 0.0398. Conversely, the yearly low was recorded on February 1, dropping to 0.0215.

This high-to-low spread represents a total annual volatility of 0.0183 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0223 to the December average rate of 0.0242, the exchange rate registered a net change of 8.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0398 was up 64.30% compared to the 2017 peak of 0.0242, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 199 NOK
2017 Average 115 NOK
Yearly Trough Low 107 NOK
Transaction Impact: A difference of 91.46 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0244
0.0216
JanuMarcMayJulySeptNove

MRO 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 0.0223, compared to 0.0236 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0223
H2 Avg (Jul–Dec) 0.0236

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.0170 NOK (High: 0.0398 / Low: 0.0228). On the other end, March was the most stable month, with a tight range of 0.0005 NOK (High: 0.0221 / Low: 0.0216).

October Spread (Volatile) ±0.0170
March Spread (Stable) ±0.0005

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 October and November, when the average rate fell by 0.0005 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 0.0242) against the same month in 2017 (average: 0.0222), the exchange rate shifted by +0.0020 (+9.25%).

2018 Avg (October) 0.0242
2017 Avg (October) 0.0222

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0231 0.0216 0.0223
February 0.0225 0.0215 0.0220
March 0.0221 0.0216 0.0218
April 0.0225 0.0218 0.0221
May 0.0233 0.0225 0.0228
June 0.0230 0.0225 0.0228
July 0.0231 0.0225 0.0228
August 0.0237 0.0230 0.0234
September 0.0237 0.0227 0.0231
October 0.0398 0.0228 0.0242
November 0.0241 0.0234 0.0237
December 0.0246 0.0238 0.0242