YEARLY HIGH
10.8553 BDT
YEARLY LOW
9.5349 BDT
YEARLY AVERAGE
10.3143 BDT

2018 NOK to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 10.8553. Conversely, the yearly low was recorded on December 23, dropping to 9.5349.

This high-to-low spread represents a total annual volatility of 1.3204 BDT. From a start-to-finish perspective, comparing the January average rate of 10.5044 to the December average rate of 9.7130, the exchange rate registered a net change of -7.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 10.8553 was up 2.65% compared to the 2017 peak of 10.5755, 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 54,276 BDT
2017 Average 49,158 BDT
Yearly Trough Low 47,674 BDT
Transaction Impact: A difference of 6,601.97 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

10.7974
9.6144
JanuMarcMayJulySeptNove

NOK to BDT 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 10.5586, compared to 10.0700 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4886 points.

H1 Avg (Jan–Jun) 10.5586
H2 Avg (Jul–Dec) 10.0700

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.7593 BDT (High: 10.8379 / Low: 10.0786). On the other end, July was the most stable month, with a tight range of 0.1999 BDT (High: 10.4602 / Low: 10.2604).

January Spread (Volatile) ±0.7593
July Spread (Stable) ±0.1999

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 October and November, when the average rate fell by 0.3309 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3309

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 10.6193) against the same month in 2017 (average: 9.5921), the exchange rate shifted by +1.0272 (+10.71%).

2018 Avg (February) 10.6193
2017 Avg (February) 9.5921

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.8379 10.0786 10.5044
February 10.8553 10.4095 10.6193
March 10.8176 10.5793 10.6988
April 10.7966 10.5167 10.6566
May 10.6025 10.1930 10.4577
June 10.5506 10.2938 10.4145
July 10.4602 10.2604 10.3558
August 10.3407 9.9304 10.0914
September 10.3702 9.9267 10.1606
October 10.4008 9.9659 10.2150
November 10.0552 9.6934 9.8841
December 9.8633 9.5349 9.7130