YEARLY HIGH
0.7875 HRK
YEARLY LOW
0.7396 HRK
YEARLY AVERAGE
0.7723 HRK

2018 NOK to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 1, valuing the pair at 0.7875. Conversely, the yearly low was recorded on December 27, dropping to 0.7396.

This high-to-low spread represents a total annual volatility of 0.0479 HRK. From a start-to-finish perspective, comparing the January average rate of 0.7708 to the December average rate of 0.7539, the exchange rate registered a net change of -2.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.7875 was down 6.97% compared to the 2017 peak of 0.8466, 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 3,938 HRK
2017 Average 4,000 HRK
Yearly Trough Low 3,698 HRK
Transaction Impact: A difference of 239.51 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.7851
0.7511
JanuMarcMayJulySeptNove

NOK to HRK 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 0.7729, compared to 0.7716 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.7729
H2 Avg (Jul–Dec) 0.7716

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.0273 HRK (High: 0.7669 / Low: 0.7396). On the other end, October was the most stable month, with a tight range of 0.0091 HRK (High: 0.7875 / Low: 0.7785).

December Spread (Volatile) ±0.0273
October Spread (Stable) ±0.0091

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 0.0173 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0173

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 0.7823) against the same month in 2017 (average: 0.7988), the exchange rate shifted by -0.0165 (-2.07%).

2018 Avg (October) 0.7823
2017 Avg (October) 0.7988

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7773 0.7555 0.7708
February 0.7774 0.7635 0.7687
March 0.7847 0.7661 0.7762
April 0.7750 0.7647 0.7706
May 0.7814 0.7584 0.7723
June 0.7846 0.7736 0.7790
July 0.7861 0.7705 0.7781
August 0.7798 0.7623 0.7715
September 0.7860 0.7592 0.7726
October 0.7875 0.7785 0.7823
November 0.7809 0.7596 0.7712
December 0.7669 0.7396 0.7539