YEARLY HIGH
0.2225 AZN
YEARLY LOW
0.1941 AZN
YEARLY AVERAGE
0.2091 AZN

2018 NOK to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.2225. Conversely, the yearly low was recorded on December 23, dropping to 0.1941.

This high-to-low spread represents a total annual volatility of 0.0284 AZN. From a start-to-finish perspective, comparing the January average rate of 0.2141 to the December average rate of 0.1972, the exchange rate registered a net change of -7.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.2225 was down 6.15% compared to the 2017 peak of 0.2371, 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 1,112 AZN
2017 Average 1,041 AZN
Yearly Trough Low 970 AZN
Transaction Impact: A difference of 141.85 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.2204
0.1951
JanuMarcMayJulySeptNove

NOK to AZN 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 0.2141, compared to 0.2040 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0102 points.

H1 Avg (Jan–Jun) 0.2141
H2 Avg (Jul–Dec) 0.2040

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0131 AZN (High: 0.2204 / Low: 0.2074). On the other end, June was the most stable month, with a tight range of 0.0049 AZN (High: 0.2125 / Low: 0.2076).

January Spread (Volatile) ±0.0131
June Spread (Stable) ±0.0049

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 0.0067 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0067

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.2156) against the same month in 2017 (average: 0.2193), the exchange rate shifted by -0.0037 (-1.69%).

2018 Avg (February) 0.2156
2017 Avg (February) 0.2193

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2204 0.2074 0.2141
February 0.2225 0.2116 0.2156
March 0.2218 0.2153 0.2183
April 0.2194 0.2125 0.2170
May 0.2131 0.2053 0.2103
June 0.2125 0.2076 0.2097
July 0.2123 0.2070 0.2094
August 0.2083 0.2007 0.2041
September 0.2100 0.2014 0.2062
October 0.2090 0.2019 0.2061
November 0.2041 0.1980 0.2009
December 0.2003 0.1941 0.1972