YEARLY HIGH
0.1698 CAD
YEARLY LOW
0.1532 CAD
YEARLY AVERAGE
0.1593 CAD

2018 NOK to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 16, valuing the pair at 0.1698. Conversely, the yearly low was recorded on January 1, dropping to 0.1532.

This high-to-low spread represents a total annual volatility of 0.0166 CAD. From a start-to-finish perspective, comparing the January average rate of 0.1572 to the December average rate of 0.1558, the exchange rate registered a net change of -0.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1698 was up 4.91% compared to the 2017 peak of 0.1619, 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 849 CAD
2017 Average 785 CAD
Yearly Trough Low 766 CAD
Transaction Impact: A difference of 83.05 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1675
0.1546
JanuMarcMayJulySeptNove

NOK to CAD 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 0.1612, compared to 0.1575 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.1612
H2 Avg (Jul–Dec) 0.1575

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0071 CAD (High: 0.1602 / Low: 0.1532). On the other end, May was the most stable month, with a tight range of 0.0029 CAD (High: 0.1601 / Low: 0.1571).

January Spread (Volatile) ±0.0071
May 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 July and August, when the average rate fell by 0.0051 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 0.1664) against the same month in 2017 (average: 0.1574), the exchange rate shifted by +0.0091 (+5.76%).

2018 Avg (March) 0.1664
2017 Avg (March) 0.1574

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1602 0.1532 0.1572
February 0.1625 0.1578 0.1605
March 0.1698 0.1637 0.1664
April 0.1641 0.1602 0.1624
May 0.1601 0.1571 0.1590
June 0.1641 0.1584 0.1616
July 0.1637 0.1595 0.1615
August 0.1593 0.1545 0.1564
September 0.1608 0.1556 0.1578
October 0.1595 0.1560 0.1577
November 0.1572 0.1540 0.1557
December 0.1579 0.1542 0.1558