YEARLY HIGH
0.2617 BBD
YEARLY LOW
0.2280 BBD
YEARLY AVERAGE
0.2460 BBD

2018 NOK to BBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to BBD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.2617. Conversely, the yearly low was recorded on December 23, dropping to 0.2280.

This high-to-low spread represents a total annual volatility of 0.0337 BBD. From a start-to-finish perspective, comparing the January average rate of 0.2530 to the December average rate of 0.2317, the exchange rate registered a net change of -8.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.2617 was up 1.17% compared to the 2017 peak of 0.2587, 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 1,309 BBD
2017 Average 1,211 BBD
Yearly Trough Low 1,140 BBD
Transaction Impact: A difference of 168.56 BBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.2600
0.2291
JanuMarcMayJulySeptNove

NOK to BBD 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 0.2523, compared to 0.2396 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0127 points.

H1 Avg (Jan–Jun) 0.2523
H2 Avg (Jul–Dec) 0.2396

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0163 BBD (High: 0.2603 / Low: 0.2440). On the other end, June was the most stable month, with a tight range of 0.0055 BBD (High: 0.2496 / Low: 0.2441).

January Spread (Volatile) ±0.0163
June Spread (Stable) ±0.0055

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 0.0079 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0079

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.2553) against the same month in 2017 (average: 0.2401), the exchange rate shifted by +0.0152 (+6.34%).

2018 Avg (February) 0.2553
2017 Avg (February) 0.2401

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2603 0.2440 0.2530
February 0.2617 0.2507 0.2553
March 0.2606 0.2544 0.2575
April 0.2577 0.2496 0.2549
May 0.2503 0.2412 0.2470
June 0.2496 0.2441 0.2463
July 0.2494 0.2431 0.2460
August 0.2447 0.2358 0.2397
September 0.2467 0.2366 0.2423
October 0.2456 0.2371 0.2422
November 0.2397 0.2326 0.2360
December 0.2353 0.2280 0.2317