YEARLY HIGH
11.7856 CVE
YEARLY LOW
11.0414 CVE
YEARLY AVERAGE
11.5129 CVE

2018 NOK to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on July 8, valuing the pair at 11.7856. Conversely, the yearly low was recorded on December 23, dropping to 11.0414.

This high-to-low spread represents a total annual volatility of 0.7442 CVE. From a start-to-finish perspective, comparing the January average rate of 11.4840 to the December average rate of 11.2549, the exchange rate registered a net change of -1.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 11.7856 was down 6.13% compared to the 2017 peak of 12.5557, 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 58,928 CVE
2017 Average 59,304 CVE
Yearly Trough Low 55,207 CVE
Transaction Impact: A difference of 3,720.89 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

11.7113
11.2134
JanuMarcMayJulySeptNove

NOK to CVE 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 11.5297, compared to 11.4960 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0338 points.

H1 Avg (Jan–Jun) 11.5297
H2 Avg (Jul–Dec) 11.4960

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.4681 CVE (High: 11.6972 / Low: 11.2291). On the other end, April was the most stable month, with a tight range of 0.1700 CVE (High: 11.5616 / Low: 11.3916).

September Spread (Volatile) ±0.4681
April Spread (Stable) ±0.1700

Growth Streaks & Declines

Trends

Between April and June, 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 0.2106 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2106

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2018: 11.6317) against the same month in 2017 (average: 11.7621), the exchange rate shifted by -0.1304 (-1.11%).

2018 Avg (July) 11.6317
2017 Avg (July) 11.7621

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.6122 11.2480 11.4840
February 11.6173 11.3278 11.4407
March 11.6759 11.3976 11.5517
April 11.5616 11.3916 11.4973
May 11.6719 11.3641 11.5350
June 11.7572 11.4600 11.6698
July 11.7856 11.4693 11.6317
August 11.6405 11.2727 11.4800
September 11.6972 11.2291 11.4847
October 11.7157 11.5268 11.6590
November 11.6341 11.2390 11.4656
December 11.4754 11.0414 11.2549