YEARLY HIGH
0.2086 BAM
YEARLY LOW
0.1952 BAM
YEARLY AVERAGE
0.2034 BAM

2018 NOK to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on June 21, valuing the pair at 0.2086. Conversely, the yearly low was recorded on December 23, dropping to 0.1952.

This high-to-low spread represents a total annual volatility of 0.0134 BAM. From a start-to-finish perspective, comparing the January average rate of 0.2030 to the December average rate of 0.1990, the exchange rate registered a net change of -1.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.2086 was down 6.02% compared to the 2017 peak of 0.2220, 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 1,043 BAM
2017 Average 1,049 BAM
Yearly Trough Low 976 BAM
Transaction Impact: A difference of 67.19 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.2070
0.1983
JanuMarcMayJulySeptNove

NOK to BAM 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 0.2038, compared to 0.2031 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.2038
H2 Avg (Jul–Dec) 0.2031

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0112 BAM (High: 0.2074 / Low: 0.1961). On the other end, October was the most stable month, with a tight range of 0.0040 BAM (High: 0.2077 / Low: 0.2037).

September Spread (Volatile) ±0.0112
October Spread (Stable) ±0.0040

Growth Streaks & Declines

Trends

Between April and June, 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 October and November, when the average rate fell by 0.0036 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2018: 0.2063) against the same month in 2017 (average: 0.2060), the exchange rate shifted by +0.0003 (+0.15%).

2018 Avg (June) 0.2063
2017 Avg (June) 0.2060

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2051 0.1988 0.2030
February 0.2057 0.2003 0.2021
March 0.2072 0.2008 0.2042
April 0.2044 0.2002 0.2028
May 0.2068 0.2005 0.2042
June 0.2086 0.2033 0.2063
July 0.2082 0.2000 0.2053
August 0.2056 0.1994 0.2030
September 0.2074 0.1961 0.2027
October 0.2077 0.2037 0.2061
November 0.2059 0.1993 0.2025
December 0.2025 0.1952 0.1990