YEARLY HIGH
0.1886 BND
YEARLY LOW
0.1601 BND
YEARLY AVERAGE
0.1728 BND

2018 NOK to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on June 13, valuing the pair at 0.1886. Conversely, the yearly low was recorded on November 25, dropping to 0.1601.

This high-to-low spread represents a total annual volatility of 0.0284 BND. From a start-to-finish perspective, comparing the January average rate of 0.1672 to the December average rate of 0.1818, the exchange rate registered a net change of 8.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1886 was up 7.80% compared to the 2017 peak of 0.1749, 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 943 BND
2017 Average 835 BND
Yearly Trough Low 801 BND
Transaction Impact: A difference of 142.23 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1833
0.1655
JanuMarcMayJulySeptNove

NOK to BND 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 0.1694, compared to 0.1763 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0069 points.

H1 Avg (Jan–Jun) 0.1694
H2 Avg (Jul–Dec) 0.1763

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0245 BND (High: 0.1847 / Low: 0.1601). On the other end, April was the most stable month, with a tight range of 0.0029 BND (High: 0.1690 / Low: 0.1662).

November Spread (Volatile) ±0.0245
April Spread (Stable) ±0.0029

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 September and October, when the average rate fell by 0.0085 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0085

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2018: 0.1768) against the same month in 2017 (average: 0.1635), the exchange rate shifted by +0.0132 (+8.09%).

2018 Avg (June) 0.1768
2017 Avg (June) 0.1635

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1702 0.1631 0.1672
February 0.1715 0.1667 0.1685
March 0.1713 0.1666 0.1693
April 0.1690 0.1662 0.1678
May 0.1810 0.1632 0.1669
June 0.1886 0.1641 0.1768
July 0.1859 0.1653 0.1745
August 0.1849 0.1639 0.1805
September 0.1854 0.1674 0.1791
October 0.1732 0.1648 0.1705
November 0.1847 0.1601 0.1712
December 0.1854 0.1611 0.1818