YEARLY HIGH
0.7918 DKK
YEARLY LOW
0.7453 DKK
YEARLY AVERAGE
0.7760 DKK

2018 NOK to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 14, valuing the pair at 0.7918. Conversely, the yearly low was recorded on December 27, dropping to 0.7453.

This high-to-low spread represents a total annual volatility of 0.0466 DKK. From a start-to-finish perspective, comparing the January average rate of 0.7719 to the December average rate of 0.7601, the exchange rate registered a net change of -1.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.7918 was down 6.22% compared to the 2017 peak of 0.8444, 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 3,959 DKK
2017 Average 3,988 DKK
Yearly Trough Low 3,726 DKK
Transaction Impact: A difference of 232.88 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.7890
0.7575
JanuMarcMayJulySeptNove

NOK to DKK 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 0.7762, compared to 0.7758 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.7762
H2 Avg (Jul–Dec) 0.7758

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.0280 DKK (High: 0.7732 / Low: 0.7453). On the other end, October was the most stable month, with a tight range of 0.0096 DKK (High: 0.7913 / Low: 0.7817).

December Spread (Volatile) ±0.0280
October Spread (Stable) ±0.0096

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 0.0144 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0144

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2018: 0.7860) against the same month in 2017 (average: 0.7828), the exchange rate shifted by +0.0031 (+0.40%).

2018 Avg (June) 0.7860
2017 Avg (June) 0.7828

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7794 0.7561 0.7719
February 0.7787 0.7616 0.7697
March 0.7856 0.7684 0.7775
April 0.7777 0.7676 0.7737
May 0.7873 0.7675 0.7784
June 0.7918 0.7798 0.7860
July 0.7913 0.7772 0.7839
August 0.7834 0.7645 0.7746
September 0.7889 0.7617 0.7755
October 0.7913 0.7817 0.7863
November 0.7831 0.7645 0.7745
December 0.7732 0.7453 0.7601