YEARLY HIGH
2.1018 NOK
YEARLY LOW
1.9576 NOK
YEARLY AVERAGE
2.0169 NOK

2018 MYR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MYR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 2.1018. Conversely, the yearly low was recorded on September 26, dropping to 1.9576.

This high-to-low spread represents a total annual volatility of 0.1442 NOK. From a start-to-finish perspective, comparing the January average rate of 1.9992 to the December average rate of 2.0695, the exchange rate registered a net change of 3.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.1018 was up 1.86% compared to the 2017 peak of 2.0635, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 42,037 NOK
2017 Average 38,474 NOK
Yearly Trough Low 39,153 NOK
Transaction Impact: A difference of 2,884.10 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.0779
1.9774
JanuMarcMayJulySeptNove

MYR 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 2.0133, compared to 2.0206 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0073 points.

H1 Avg (Jan–Jun) 2.0133
H2 Avg (Jul–Dec) 2.0206

Volatility Range Comparison

Volatility

The most volatile month in 2018 was May, with a trading range of 0.0846 NOK (High: 2.0817 / Low: 1.9971). On the other end, July was the most stable month, with a tight range of 0.0395 NOK (High: 2.0274 / Low: 1.9879).

May Spread (Volatile) ±0.0846
July Spread (Stable) ±0.0395

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 0.0432 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0432

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 2.0695) against the same month in 2017 (average: 2.0383), the exchange rate shifted by +0.0312 (+1.53%).

2018 Avg (December) 2.0695
2017 Avg (December) 2.0383

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0233 1.9762 1.9992
February 2.0217 1.9589 2.0025
March 2.0382 1.9612 1.9898
April 2.0440 1.9951 2.0182
May 2.0817 1.9971 2.0393
June 2.0564 2.0099 2.0307
July 2.0274 1.9879 2.0086
August 2.0658 2.0099 2.0382
September 2.0390 1.9576 1.9950
October 2.0155 1.9608 1.9858
November 2.0567 1.9998 2.0263
December 2.1018 2.0403 2.0695