YEARLY HIGH
23.3549 DJF
YEARLY LOW
20.2987 DJF
YEARLY AVERAGE
21.8713 DJF

2018 NOK to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 23.3549. Conversely, the yearly low was recorded on December 23, dropping to 20.2987.

This high-to-low spread represents a total annual volatility of 3.0562 DJF. From a start-to-finish perspective, comparing the January average rate of 22.6064 to the December average rate of 20.6204, the exchange rate registered a net change of -8.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 23.3549 was up 0.95% compared to the 2017 peak of 23.1353, 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 116,775 DJF
2017 Average 108,228 DJF
Yearly Trough Low 101,493 DJF
Transaction Impact: A difference of 15,281.20 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

23.0105
20.4031
JanuMarcMayJulySeptNove

NOK to DJF 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 22.4129, compared to 21.3297 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.0832 points.

H1 Avg (Jan–Jun) 22.4129
H2 Avg (Jul–Dec) 21.3297

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 1.4424 DJF (High: 23.2271 / Low: 21.7847). On the other end, June was the most stable month, with a tight range of 0.4866 DJF (High: 22.2171 / Low: 21.7304).

January Spread (Volatile) ±1.4424
June Spread (Stable) ±0.4866

Growth Streaks & Declines

Trends

Between January and March, 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 April and May, when the average rate fell by 0.6071 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.6071

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 22.6645) against the same month in 2017 (average: 21.4789), the exchange rate shifted by +1.1855 (+5.52%).

2018 Avg (February) 22.6645
2017 Avg (February) 21.4789

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 23.2271 21.7847 22.6064
February 23.3549 22.2194 22.6645
March 23.0639 22.5166 22.7932
April 22.7986 22.0797 22.5475
May 22.2783 21.4653 21.9404
June 22.2171 21.7304 21.9253
July 22.1966 21.6395 21.8857
August 21.7780 20.9876 21.3407
September 21.9662 21.0651 21.5716
October 21.8563 21.1056 21.5552
November 21.3342 20.7051 21.0044
December 20.9385 20.2987 20.6204