2018 NOK to BDT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
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.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |