2018 NOK to AOA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
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.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |