YEARLY HIGH
384.9630 COP
YEARLY LOW
346.5811 COP
YEARLY AVERAGE
363.1439 COP

2018 NOK to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on November 1, valuing the pair at 384.9630. Conversely, the yearly low was recorded on July 19, dropping to 346.5811.

This high-to-low spread represents a total annual volatility of 38.3819 COP. From a start-to-finish perspective, comparing the January average rate of 362.8109 to the December average rate of 373.2800, the exchange rate registered a net change of 2.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 384.9630 was up 0.43% compared to the 2017 peak of 383.3034, 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 1,924,815 COP
2017 Average 1,786,425 COP
Yearly Trough Low 1,732,906 COP
Transaction Impact: A difference of 191,909.35 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

378.6670
351.5715
JanuMarcMayJulySeptNove

NOK to COP 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 359.6718, compared to 366.6159 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.9440 points.

H1 Avg (Jan–Jun) 359.6718
H2 Avg (Jul–Dec) 366.6159

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 28.7409 COP (High: 384.1525 / Low: 355.4117). On the other end, September was the most stable month, with a tight range of 8.7522 COP (High: 371.6825 / Low: 362.9304).

January Spread (Volatile) ±28.7409
September Spread (Stable) ±8.7522

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 12.1241 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -12.1241

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 376.4090) against the same month in 2017 (average: 368.1057), the exchange rate shifted by +8.3034 (+2.26%).

2018 Avg (November) 376.4090
2017 Avg (November) 368.1057

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 384.1525 355.4117 362.8109
February 373.2782 356.5062 365.7069
March 375.2229 356.0956 366.0090
April 361.7555 347.1999 353.8849
May 360.1333 346.8731 353.8295
June 364.6912 348.9353 355.7900
July 358.9121 346.5811 354.1079
August 362.9347 349.6079 354.7335
September 371.6825 362.9304 367.6315
October 381.2358 364.4412 373.5331
November 384.9630 371.2176 376.4090
December 379.6276 365.0270 373.2800