YEARLY HIGH
0.0945 GBP
YEARLY LOW
0.0897 GBP
YEARLY AVERAGE
0.0921 GBP

2018 NOK to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 8, valuing the pair at 0.0945. Conversely, the yearly low was recorded on April 16, dropping to 0.0897.

This high-to-low spread represents a total annual volatility of 0.0047 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0915 to the December average rate of 0.0914, the exchange rate registered a net change of -0.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0945 was down 5.72% compared to the 2017 peak of 0.1002, 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 472 GBP
2017 Average 470 GBP
Yearly Trough Low 449 GBP
Transaction Impact: A difference of 23.59 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0936
0.0904
JanuMarcMayJulySeptNove

NOK to GBP 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 0.0917, compared to 0.0925 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0917
H2 Avg (Jul–Dec) 0.0925

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.0035 GBP (High: 0.0933 / Low: 0.0899). On the other end, July was the most stable month, with a tight range of 0.0013 GBP (High: 0.0941 / Low: 0.0928).

December Spread (Volatile) ±0.0035
July Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0015 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 0.0931) against the same month in 2017 (average: 0.0979), the exchange rate shifted by -0.0047 (-4.82%).

2018 Avg (August) 0.0931
2017 Avg (August) 0.0979

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0922 0.0903 0.0915
February 0.0920 0.0906 0.0914
March 0.0931 0.0903 0.0922
April 0.0913 0.0897 0.0907
May 0.0926 0.0907 0.0917
June 0.0934 0.0915 0.0927
July 0.0941 0.0928 0.0933
August 0.0945 0.0920 0.0931
September 0.0942 0.0915 0.0929
October 0.0943 0.0920 0.0930
November 0.0924 0.0905 0.0915
December 0.0933 0.0899 0.0914