YEARLY HIGH
0.4475 NOK
YEARLY LOW
0.3876 NOK
YEARLY AVERAGE
0.4236 NOK

2018 MXN to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MXN to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 19, valuing the pair at 0.4475. Conversely, the yearly low was recorded on June 13, dropping to 0.3876.

This high-to-low spread represents a total annual volatility of 0.0599 NOK. From a start-to-finish perspective, comparing the January average rate of 0.4182 to the December average rate of 0.4300, the exchange rate registered a net change of 2.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.4475 was down 5.53% compared to the 2017 peak of 0.4737, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 22,375 NOK
2017 Average 21,907 NOK
Yearly Trough Low 19,382 NOK
Transaction Impact: A difference of 2,993.51 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.4469
0.3965
JanuMarcMayJulySeptNove

MXN 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 0.4164, compared to 0.4309 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0145 points.

H1 Avg (Jan–Jun) 0.4164
H2 Avg (Jul–Dec) 0.4309

Volatility Range Comparison

Volatility

The most volatile month in 2018 was July, with a trading range of 0.0308 NOK (High: 0.4399 / Low: 0.4091). On the other end, November was the most stable month, with a tight range of 0.0095 NOK (High: 0.4236 / Low: 0.4142).

July Spread (Volatile) ±0.0308
November Spread (Stable) ±0.0095

Growth Streaks & Declines

Trends

Between June and August, 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 May and June, when the average rate fell by 0.0137 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0137

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 0.4427) against the same month in 2017 (average: 0.4432), the exchange rate shifted by -0.0005 (-0.12%).

2018 Avg (August) 0.4427
2017 Avg (August) 0.4432

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4224 0.4113 0.4182
February 0.4265 0.4151 0.4203
March 0.4319 0.4125 0.4178
April 0.4328 0.4166 0.4271
May 0.4268 0.4058 0.4143
June 0.4149 0.3876 0.4007
July 0.4399 0.4091 0.4281
August 0.4475 0.4369 0.4427
September 0.4395 0.4282 0.4346
October 0.4402 0.4150 0.4307
November 0.4236 0.4142 0.4191
December 0.4449 0.4145 0.4300