2018 NOK to CLP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 NOK to CLP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the NOK to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on September 17, valuing the pair at 83.8836. Conversely, the yearly low was recorded on January 2, dropping to 74.6718.
This high-to-low spread represents a total annual volatility of 9.2118 CLP. From a start-to-finish perspective, comparing the January average rate of 76.5871 to the December average rate of 79.2868, the exchange rate registered a net change of 3.52% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 83.8836 was up 1.48% compared to the 2017 peak of 82.6575, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
NOK to CLP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 77.1616, compared to 80.4802 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.3186 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was November, with a trading range of 4.2571 CLP (High: 82.3772 / Low: 78.1201). On the other end, December was the most stable month, with a tight range of 1.7950 CLP (High: 80.2969 / Low: 78.5019).
Growth Streaks & Declines
TrendsBetween April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 2.3098 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2018: 82.2105) against the same month in 2017 (average: 79.9190), the exchange rate shifted by +2.2915 (+2.87%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 78.6099 | 74.6718 | 76.5871 |
| February | 78.2031 | 75.0729 | 76.1729 |
| March | 78.8933 | 76.0730 | 77.7788 |
| April | 77.5824 | 75.4650 | 76.6182 |
| May | 79.1364 | 75.8827 | 77.3906 |
| June | 80.2695 | 77.1448 | 78.4219 |
| July | 81.8274 | 78.1748 | 80.2147 |
| August | 81.3132 | 77.7906 | 78.9497 |
| September | 83.8836 | 80.7417 | 82.2105 |
| October | 83.5556 | 80.6022 | 82.2646 |
| November | 82.3772 | 78.1201 | 79.9548 |
| December | 80.2969 | 78.5019 | 79.2868 |