YEARLY HIGH
0.8488 CNY
YEARLY LOW
0.7743 CNY
YEARLY AVERAGE
0.8126 CNY

2018 NOK to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on October 15, valuing the pair at 0.8488. Conversely, the yearly low was recorded on May 29, dropping to 0.7743.

This high-to-low spread represents a total annual volatility of 0.0745 CNY. From a start-to-finish perspective, comparing the January average rate of 0.8128 to the December average rate of 0.7983, the exchange rate registered a net change of -1.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.8488 was down 1.01% compared to the 2017 peak of 0.8574, 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 4,244 CNY
2017 Average 4,089 CNY
Yearly Trough Low 3,872 CNY
Transaction Impact: A difference of 372.36 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.8429
0.7817
JanuMarcMayJulySeptNove

NOK to CNY 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 0.8033, compared to 0.8219 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0186 points.

H1 Avg (Jan–Jun) 0.8033
H2 Avg (Jul–Dec) 0.8219

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0390 CNY (High: 0.8487 / Low: 0.8097). On the other end, April was the most stable month, with a tight range of 0.0196 CNY (High: 0.8101 / Low: 0.7905).

September Spread (Volatile) ±0.0390
April Spread (Stable) ±0.0196

Growth Streaks & Declines

Trends

Between May and July, 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 November and December, when the average rate fell by 0.0202 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0202

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 0.8378) against the same month in 2017 (average: 0.8288), the exchange rate shifted by +0.0090 (+1.09%).

2018 Avg (October) 0.8378
2017 Avg (October) 0.8288

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8220 0.7955 0.8128
February 0.8244 0.7883 0.8070
March 0.8222 0.8009 0.8139
April 0.8101 0.7905 0.8029
May 0.7943 0.7743 0.7868
June 0.8129 0.7843 0.7965
July 0.8380 0.8124 0.8259
August 0.8348 0.8117 0.8206
September 0.8487 0.8097 0.8304
October 0.8488 0.8271 0.8378
November 0.8294 0.8084 0.8186
December 0.8135 0.7835 0.7983