2018 NOK to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
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.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |