YEARLY HIGH
0.1063 EUR
YEARLY LOW
0.0998 EUR
YEARLY AVERAGE
0.1041 EUR

2018 NOK to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 14, valuing the pair at 0.1063. Conversely, the yearly low was recorded on December 27, dropping to 0.0998.

This high-to-low spread represents a total annual volatility of 0.0065 EUR. From a start-to-finish perspective, comparing the January average rate of 0.1037 to the December average rate of 0.1018, the exchange rate registered a net change of -1.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1063 was down 6.44% compared to the 2017 peak of 0.1136, 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 531 EUR
2017 Average 536 EUR
Yearly Trough Low 499 EUR
Transaction Impact: A difference of 32.26 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1058
0.1014
JanuMarcMayJulySeptNove

NOK to EUR 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 0.1042, compared to 0.1040 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.1042
H2 Avg (Jul–Dec) 0.1040

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.0038 EUR (High: 0.1036 / Low: 0.0998). On the other end, October was the most stable month, with a tight range of 0.0013 EUR (High: 0.1061 / Low: 0.1048).

December Spread (Volatile) ±0.0038
October Spread (Stable) ±0.0013

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 0.0020 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2018: 0.1055) against the same month in 2017 (average: 0.1053), the exchange rate shifted by +0.0002 (+0.19%).

2018 Avg (June) 0.1055
2017 Avg (June) 0.1053

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1047 0.1016 0.1037
February 0.1046 0.1023 0.1034
March 0.1054 0.1031 0.1044
April 0.1044 0.1030 0.1038
May 0.1057 0.1030 0.1045
June 0.1063 0.1047 0.1055
July 0.1062 0.1042 0.1052
August 0.1051 0.1025 0.1039
September 0.1058 0.1022 0.1040
October 0.1061 0.1048 0.1054
November 0.1050 0.1024 0.1038
December 0.1036 0.0998 0.1018