YEARLY HIGH
2.3091 EGP
YEARLY LOW
2.0410 EGP
YEARLY AVERAGE
2.1897 EGP

2018 NOK to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 2.3091. Conversely, the yearly low was recorded on December 23, dropping to 2.0410.

This high-to-low spread represents a total annual volatility of 0.2680 EGP. From a start-to-finish perspective, comparing the January average rate of 2.2393 to the December average rate of 2.0746, the exchange rate registered a net change of -7.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.3091 was up 0.90% compared to the 2017 peak of 2.2884, 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 11,545 EGP
2017 Average 10,795 EGP
Yearly Trough Low 10,205 EGP
Transaction Impact: A difference of 1,340.09 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.2885
2.0551
JanuMarcMayJulySeptNove

NOK to EGP 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 2.2356, compared to 2.1438 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0918 points.

H1 Avg (Jan–Jun) 2.2356
H2 Avg (Jul–Dec) 2.1438

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.1344 EGP (High: 2.3011 / Low: 2.1667). On the other end, June was the most stable month, with a tight range of 0.0478 EGP (High: 2.2315 / Low: 2.1837).

January Spread (Volatile) ±0.1344
June Spread (Stable) ±0.0478

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 July and August, when the average rate fell by 0.0573 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0573

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 2.2554) against the same month in 2017 (average: 2.0396), the exchange rate shifted by +0.2158 (+10.58%).

2018 Avg (February) 2.2554
2017 Avg (February) 2.0396

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3011 2.1667 2.2393
February 2.3091 2.2135 2.2554
March 2.3005 2.2445 2.2690
April 2.2813 2.2035 2.2523
May 2.2290 2.1606 2.1974
June 2.2315 2.1837 2.2002
July 2.2344 2.1742 2.1997
August 2.1881 2.1108 2.1424
September 2.2097 2.1140 2.1665
October 2.1993 2.1238 2.1679
November 2.1467 2.0816 2.1115
December 2.1079 2.0410 2.0746