YEARLY HIGH
1.3370 BWP
YEARLY LOW
1.1963 BWP
YEARLY AVERAGE
1.2522 BWP

2018 NOK to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 18, valuing the pair at 1.3370. Conversely, the yearly low was recorded on January 1, dropping to 1.1963.

This high-to-low spread represents a total annual volatility of 0.1407 BWP. From a start-to-finish perspective, comparing the January average rate of 1.2325 to the December average rate of 1.2387, the exchange rate registered a net change of 0.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.3370 was up 1.78% compared to the 2017 peak of 1.3136, 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 6,685 BWP
2017 Average 6,260 BWP
Yearly Trough Low 5,981 BWP
Transaction Impact: A difference of 703.56 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.3152
1.2112
JanuMarcMayJulySeptNove

NOK to BWP 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 1.2333, compared to 1.2711 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0378 points.

H1 Avg (Jan–Jun) 1.2333
H2 Avg (Jul–Dec) 1.2711

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0649 BWP (High: 1.2898 / Low: 1.2249). On the other end, December was the most stable month, with a tight range of 0.0287 BWP (High: 1.2532 / Low: 1.2245).

November Spread (Volatile) ±0.0649
December Spread (Stable) ±0.0287

Growth Streaks & Declines

Trends

Between February and April, 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 0.0368 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0368

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 1.3066) against the same month in 2017 (average: 1.2978), the exchange rate shifted by +0.0087 (+0.67%).

2018 Avg (September) 1.3066
2017 Avg (September) 1.2978

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2502 1.1963 1.2325
February 1.2531 1.2025 1.2198
March 1.2505 1.2075 1.2314
April 1.2439 1.2116 1.2315
May 1.2467 1.2002 1.2253
June 1.2806 1.2219 1.2592
July 1.2892 1.2489 1.2673
August 1.2871 1.2453 1.2672
September 1.3370 1.2815 1.3066
October 1.3073 1.2715 1.2919
November 1.2898 1.2249 1.2551
December 1.2532 1.2245 1.2387