YEARLY HIGH
0.4807 AED
YEARLY LOW
0.4187 AED
YEARLY AVERAGE
0.4518 AED

2018 NOK to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.4807. Conversely, the yearly low was recorded on December 23, dropping to 0.4187.

This high-to-low spread represents a total annual volatility of 0.0619 AED. From a start-to-finish perspective, comparing the January average rate of 0.4646 to the December average rate of 0.4254, the exchange rate registered a net change of -8.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.4807 was up 1.17% compared to the 2017 peak of 0.4751, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,403 AED
2017 Average 2,223 AED
Yearly Trough Low 2,094 AED
Transaction Impact: A difference of 309.68 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.4776
0.4207
JanuMarcMayJulySeptNove

NOK to AED 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 0.4634, compared to 0.4401 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0233 points.

H1 Avg (Jan–Jun) 0.4634
H2 Avg (Jul–Dec) 0.4401

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0300 AED (High: 0.4780 / Low: 0.4481). On the other end, June was the most stable month, with a tight range of 0.0101 AED (High: 0.4585 / Low: 0.4483).

January Spread (Volatile) ±0.0300
June Spread (Stable) ±0.0101

Growth Streaks & Declines

Trends

Between January and March, 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 April and May, when the average rate fell by 0.0145 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0145

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.4688) against the same month in 2017 (average: 0.4409), the exchange rate shifted by +0.0279 (+6.32%).

2018 Avg (February) 0.4688
2017 Avg (February) 0.4409

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4780 0.4481 0.4646
February 0.4807 0.4604 0.4688
March 0.4786 0.4672 0.4728
April 0.4733 0.4584 0.4682
May 0.4597 0.4430 0.4536
June 0.4585 0.4483 0.4524
July 0.4580 0.4466 0.4517
August 0.4494 0.4331 0.4403
September 0.4532 0.4346 0.4449
October 0.4510 0.4355 0.4447
November 0.4402 0.4273 0.4334
December 0.4321 0.4187 0.4254