YEARLY HIGH
1178.7980 GNF
YEARLY LOW
1038.1582 GNF
YEARLY AVERAGE
1112.9355 GNF

2018 NOK to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 1178.7980. Conversely, the yearly low was recorded on December 22, dropping to 1038.1582.

This high-to-low spread represents a total annual volatility of 140.6398 GNF. From a start-to-finish perspective, comparing the January average rate of 1139.5439 to the December average rate of 1060.4214, the exchange rate registered a net change of -6.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1178.7980 was up 1.53% compared to the 2017 peak of 1161.0506, 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 5,893,990 GNF
2017 Average 5,520,778 GNF
Yearly Trough Low 5,190,791 GNF
Transaction Impact: A difference of 703,198.99 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1169.5178
1050.5036
JanuMarcMayJulySeptNove

NOK to GNF 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 1137.4402, compared to 1088.4308 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 49.0095 points.

H1 Avg (Jan–Jun) 1137.4402
H2 Avg (Jul–Dec) 1088.4308

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 73.4337 GNF (High: 1172.2999 / Low: 1098.8662). On the other end, June was the most stable month, with a tight range of 25.8812 GNF (High: 1127.7032 / Low: 1101.8220).

January Spread (Volatile) ±73.4337
June Spread (Stable) ±25.8812

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 36.2308 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -36.2308

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 1149.6523) against the same month in 2017 (average: 1125.6428), the exchange rate shifted by +24.0095 (+2.13%).

2018 Avg (February) 1149.6523
2017 Avg (February) 1125.6428

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1172.2999 1098.8662 1139.5439
February 1178.7980 1129.3063 1149.6523
March 1174.0069 1146.1837 1159.5999
April 1163.1362 1125.4988 1149.7607
May 1128.1078 1085.9249 1113.5300
June 1127.7032 1101.8220 1112.5548
July 1128.0371 1101.5449 1112.9434
August 1108.9768 1057.2785 1084.5166
September 1120.3549 1070.9103 1098.1804
October 1115.0393 1078.2675 1099.6208
November 1091.3948 1056.9932 1074.9019
December 1080.5570 1038.1582 1060.4214