YEARLY HIGH
0.9042 BOB
YEARLY LOW
0.7877 BOB
YEARLY AVERAGE
0.8498 BOB

2018 NOK to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.9042. Conversely, the yearly low was recorded on December 23, dropping to 0.7877.

This high-to-low spread represents a total annual volatility of 0.1165 BOB. From a start-to-finish perspective, comparing the January average rate of 0.8744 to the December average rate of 0.8005, the exchange rate registered a net change of -8.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.9042 was down 0.05% compared to the 2017 peak of 0.9046, 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 4,521 BOB
2017 Average 4,200 BOB
Yearly Trough Low 3,939 BOB
Transaction Impact: A difference of 582.25 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.8986
0.7916
JanuMarcMayJulySeptNove

NOK to BOB 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 0.8719, compared to 0.8277 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0442 points.

H1 Avg (Jan–Jun) 0.8719
H2 Avg (Jul–Dec) 0.8277

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0551 BOB (High: 0.8992 / Low: 0.8441). On the other end, June was the most stable month, with a tight range of 0.0189 BOB (High: 0.8626 / Low: 0.8437).

January Spread (Volatile) ±0.0551
June Spread (Stable) ±0.0189

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 0.0271 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0271

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.8821) against the same month in 2017 (average: 0.8308), the exchange rate shifted by +0.0513 (+6.17%).

2018 Avg (February) 0.8821
2017 Avg (February) 0.8308

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8992 0.8441 0.8744
February 0.9042 0.8662 0.8821
March 0.9003 0.8790 0.8897
April 0.8913 0.8632 0.8807
May 0.8646 0.8335 0.8535
June 0.8626 0.8437 0.8513
July 0.8610 0.8371 0.8490
August 0.8462 0.8146 0.8279
September 0.8526 0.8184 0.8376
October 0.8486 0.8204 0.8365
November 0.8290 0.7993 0.8147
December 0.8139 0.7877 0.8005