YEARLY HIGH
0.2629 BZD
YEARLY LOW
0.2298 BZD
YEARLY AVERAGE
0.2473 BZD

2018 NOK to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.2629. Conversely, the yearly low was recorded on December 23, dropping to 0.2298.

This high-to-low spread represents a total annual volatility of 0.0332 BZD. From a start-to-finish perspective, comparing the January average rate of 0.2542 to the December average rate of 0.2335, the exchange rate registered a net change of -8.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.2629 was up 0.58% compared to the 2017 peak of 0.2614, 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 1,315 BZD
2017 Average 1,217 BZD
Yearly Trough Low 1,149 BZD
Transaction Impact: A difference of 165.77 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.2612
0.2310
JanuMarcMayJulySeptNove

NOK to BZD 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 0.2536, compared to 0.2410 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0126 points.

H1 Avg (Jan–Jun) 0.2536
H2 Avg (Jul–Dec) 0.2410

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0166 BZD (High: 0.2615 / Low: 0.2449). On the other end, June was the most stable month, with a tight range of 0.0055 BZD (High: 0.2509 / Low: 0.2454).

January Spread (Volatile) ±0.0166
June Spread (Stable) ±0.0055

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 0.0079 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0079

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.2566) against the same month in 2017 (average: 0.2413), the exchange rate shifted by +0.0153 (+6.34%).

2018 Avg (February) 0.2566
2017 Avg (February) 0.2413

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2615 0.2449 0.2542
February 0.2629 0.2521 0.2566
March 0.2617 0.2557 0.2587
April 0.2590 0.2510 0.2562
May 0.2515 0.2425 0.2483
June 0.2509 0.2454 0.2476
July 0.2506 0.2445 0.2472
August 0.2460 0.2369 0.2408
September 0.2480 0.2380 0.2435
October 0.2468 0.2388 0.2433
November 0.2418 0.2344 0.2376
December 0.2371 0.2298 0.2335