YEARLY HIGH
5.0686 ARS
YEARLY LOW
2.2646 ARS
YEARLY AVERAGE
3.4253 ARS

2018 NOK to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 5.0686. Conversely, the yearly low was recorded on January 2, dropping to 2.2646.

This high-to-low spread represents a total annual volatility of 2.8040 ARS. From a start-to-finish perspective, comparing the January average rate of 2.4049 to the December average rate of 4.3783, the exchange rate registered a net change of 82.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 5.0686 was up 117.20% compared to the 2017 peak of 2.3336, 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 25,343 ARS
2017 Average 10,037 ARS
Yearly Trough Low 11,323 ARS
Transaction Impact: A difference of 14,020.17 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

4.8999
2.1781
JanuMarcMayJulySeptNove

NOK to ARS 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 2.7179, compared to 4.1327 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4148 points.

H1 Avg (Jan–Jun) 2.7179
H2 Avg (Jul–Dec) 4.1327

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 1.3760 ARS (High: 4.6405 / Low: 3.2645). On the other end, April was the most stable month, with a tight range of 0.0608 ARS (High: 2.6020 / Low: 2.5412).

August Spread (Volatile) ±1.3760
April Spread (Stable) ±0.0608

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.1938 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1938

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 4.6731) against the same month in 2017 (average: 2.2005), the exchange rate shifted by +2.4726 (+112.37%).

2018 Avg (September) 4.6731
2017 Avg (September) 2.2005

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5469 2.2646 2.4049
February 2.5784 2.4829 2.5308
March 2.6351 2.5622 2.6024
April 2.6020 2.5412 2.5801
May 3.1114 2.5606 2.9079
June 3.5461 3.0477 3.2816
July 3.5497 3.3314 3.3964
August 4.6405 3.2645 3.5783
September 5.0686 4.3815 4.6731
October 4.8424 4.2557 4.4821
November 4.5543 4.1724 4.2883
December 4.4277 4.2858 4.3783