YEARLY HIGH
37.0926 AOA
YEARLY LOW
20.2419 AOA
YEARLY AVERAGE
30.8336 AOA

2018 NOK to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 7, valuing the pair at 37.0926. Conversely, the yearly low was recorded on January 1, dropping to 20.2419.

This high-to-low spread represents a total annual volatility of 16.8507 AOA. From a start-to-finish perspective, comparing the January average rate of 22.6671 to the December average rate of 35.7850, the exchange rate registered a net change of 57.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 37.0926 was up 72.83% compared to the 2017 peak of 21.4619, 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 185,463 AOA
2017 Average 100,436 AOA
Yearly Trough Low 101,209 AOA
Transaction Impact: A difference of 84,253.66 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

38.0821
21.2657
JanuMarcMayJulySeptNove

NOK to AOA 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 27.2228, compared to 34.4445 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.2217 points.

H1 Avg (Jan–Jun) 27.2228
H2 Avg (Jul–Dec) 34.4445

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 6.6680 AOA (High: 26.9099 / Low: 20.2419). On the other end, October was the most stable month, with a tight range of 0.7226 AOA (High: 37.0794 / Low: 36.3568).

January Spread (Volatile) ±6.6680
October Spread (Stable) ±0.7226

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.7911 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.7911

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 36.5761) against the same month in 2017 (average: 20.2780), the exchange rate shifted by +16.2981 (+80.37%).

2018 Avg (November) 36.5761
2017 Avg (November) 20.2780

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 26.9099 20.2419 22.6671
February 27.2241 26.2772 26.8168
March 28.0177 27.1233 27.5648
April 28.2543 27.1798 27.7922
May 29.2686 27.8044 28.6849
June 30.5983 29.1204 29.8109
July 31.4970 30.3926 31.1462
August 33.0909 31.0354 31.8779
September 36.1532 32.9131 34.6011
October 37.0794 36.3568 36.6807
November 37.0926 36.1127 36.5761
December 36.4051 35.1568 35.7850