2018 NOK to CVE Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
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.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |