2018 NOK to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
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.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
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 April and May, when the average rate fell by 7.0392 points.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |