2018 NOK to CRC Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 NOK to CRC Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the NOK to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on November 7, valuing the pair at 74.8710. Conversely, the yearly low was recorded on August 16, dropping to 66.8689.
This high-to-low spread represents a total annual volatility of 8.0021 CRC. From a start-to-finish perspective, comparing the January average rate of 71.7527 to the December average rate of 69.3288, the exchange rate registered a net change of -3.38% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 74.8710 was down 0.15% compared to the 2017 peak of 74.9818, 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 CRC 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 71.6241, compared to 70.1485 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.4757 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was November, with a trading range of 5.2542 CRC (High: 74.8710 / Low: 69.6168). On the other end, June was the most stable month, with a tight range of 1.5784 CRC (High: 70.8069 / Low: 69.2285).
Growth Streaks & Declines
TrendsBetween August and November, 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 November and December, when the average rate fell by 2.6788 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2018: 72.0076) against the same month in 2017 (average: 69.4363), the exchange rate shifted by +2.5713 (+3.70%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 74.0899 | 68.9441 | 71.7527 |
| February | 74.2550 | 71.8581 | 72.9029 |
| March | 73.8347 | 72.1173 | 73.1883 |
| April | 73.0560 | 70.6867 | 72.1667 |
| May | 70.8485 | 68.2062 | 69.8958 |
| June | 70.8069 | 69.2285 | 69.8383 |
| July | 70.7290 | 68.9972 | 69.7578 |
| August | 69.4072 | 66.8689 | 68.0462 |
| September | 71.4856 | 68.1587 | 70.1543 |
| October | 72.9253 | 70.5072 | 71.5962 |
| November | 74.8710 | 69.6168 | 72.0076 |
| December | 70.4489 | 68.2508 | 69.3288 |