YEARLY HIGH
2.7528 CZK
YEARLY LOW
2.5784 CZK
YEARLY AVERAGE
2.6700 CZK

2018 NOK to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 3, valuing the pair at 2.7528. Conversely, the yearly low was recorded on December 27, dropping to 2.5784.

This high-to-low spread represents a total annual volatility of 0.1744 CZK. From a start-to-finish perspective, comparing the January average rate of 2.6372 to the December average rate of 2.6310, the exchange rate registered a net change of -0.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.7528 was down 10.28% compared to the 2017 peak of 3.0681, 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 13,764 CZK
2017 Average 14,118 CZK
Yearly Trough Low 12,892 CZK
Transaction Impact: A difference of 871.92 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.7321
2.6081
JanuMarcMayJulySeptNove

NOK to CZK 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 2.6572, compared to 2.6828 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0256 points.

H1 Avg (Jan–Jun) 2.6572
H2 Avg (Jul–Dec) 2.6828

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.1086 CZK (High: 2.6870 / Low: 2.5784). On the other end, April was the most stable month, with a tight range of 0.0308 CZK (High: 2.6440 / Low: 2.6132).

December Spread (Volatile) ±0.1086
April Spread (Stable) ±0.0308

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 0.0609 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0609

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2018: 2.7181) against the same month in 2017 (average: 2.7736), the exchange rate shifted by -0.0555 (-2.00%).

2018 Avg (July) 2.7181
2017 Avg (July) 2.7736

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6507 2.5954 2.6372
February 2.6397 2.5975 2.6184
March 2.6810 2.6218 2.6533
April 2.6440 2.6132 2.6352
May 2.7223 2.6371 2.6779
June 2.7441 2.6957 2.7214
July 2.7528 2.6821 2.7181
August 2.6998 2.6346 2.6692
September 2.7256 2.6281 2.6650
October 2.7404 2.7051 2.7218
November 2.7160 2.6605 2.6920
December 2.6870 2.5784 2.6310