YEARLY HIGH
230.5671 BIF
YEARLY LOW
204.5279 BIF
YEARLY AVERAGE
218.5946 BIF

2018 NOK to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 230.5671. Conversely, the yearly low was recorded on December 25, dropping to 204.5279.

This high-to-low spread represents a total annual volatility of 26.0392 BIF. From a start-to-finish perspective, comparing the January average rate of 223.0429 to the December average rate of 209.3649, the exchange rate registered a net change of -6.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 230.5671 was up 2.03% compared to the 2017 peak of 225.9846, 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 1,152,835 BIF
2017 Average 1,043,219 BIF
Yearly Trough Low 1,022,639 BIF
Transaction Impact: A difference of 130,195.81 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

229.1863
207.5629
JanuMarcMayJulySeptNove

NOK to BIF 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 223.1277, compared to 214.0615 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 9.0662 points.

H1 Avg (Jan–Jun) 223.1277
H2 Avg (Jul–Dec) 214.0615

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 16.4766 BIF (High: 230.4884 / Low: 214.0118). On the other end, March was the most stable month, with a tight range of 5.4859 BIF (High: 230.1365 / Low: 224.6506).

January Spread (Volatile) ±16.4766
March Spread (Stable) ±5.4859

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 7.0392 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -7.0392

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 225.2683) against the same month in 2017 (average: 203.2691), the exchange rate shifted by +21.9992 (+10.82%).

2018 Avg (February) 225.2683
2017 Avg (February) 203.2691

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 230.4884 214.0118 223.0429
February 230.5671 220.5957 225.2683
March 230.1365 224.6506 227.3843
April 229.0803 221.1454 225.8461
May 222.4466 213.3165 218.8069
June 221.7140 215.9216 218.4178
July 222.2610 215.1439 217.8341
August 217.1793 208.9992 212.8216
September 219.6131 209.6450 215.0966
October 221.4787 211.7105 216.8949
November 216.7382 207.5506 212.3570
December 213.4826 204.5279 209.3649