YEARLY HIGH
1867.7202 IDR
YEARLY LOW
1654.6762 IDR
YEARLY AVERAGE
1740.5979 IDR

2018 NOK to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 16, valuing the pair at 1867.7202. Conversely, the yearly low was recorded on January 1, dropping to 1654.6762.

This high-to-low spread represents a total annual volatility of 213.0440 IDR. From a start-to-finish perspective, comparing the January average rate of 1696.4093 to the December average rate of 1681.5327, the exchange rate registered a net change of -0.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1867.7202 was up 8.45% compared to the 2017 peak of 1722.2101, 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 9,338,601 IDR
2017 Average 8,099,333 IDR
Yearly Trough Low 8,273,381 IDR
Transaction Impact: A difference of 1,065,219.83 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1854.7357
1665.7870
JanuMarcMayJulySeptNove

NOK to IDR 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 1736.1060, compared to 1745.0898 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.9838 points.

H1 Avg (Jan–Jun) 1736.1060
H2 Avg (Jul–Dec) 1745.0898

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 143.2586 IDR (High: 1810.2551 / Low: 1666.9964). On the other end, July was the most stable month, with a tight range of 35.0230 IDR (High: 1775.1957 / Low: 1740.1727).

November Spread (Volatile) ±143.2586
July Spread (Stable) ±35.0230

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 October and November, when the average rate fell by 107.9491 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -107.9491

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 1838.9900) against the same month in 2017 (average: 1690.2361), the exchange rate shifted by +148.7539 (+8.80%).

2018 Avg (October) 1838.9900
2017 Avg (October) 1690.2361

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1737.3556 1654.6762 1696.4093
February 1755.0545 1707.2415 1733.5028
March 1792.0138 1750.4033 1771.4173
April 1775.1768 1731.0541 1759.2975
May 1760.7215 1689.0735 1733.5909
June 1745.3146 1694.3441 1722.4185
July 1775.1957 1740.1727 1755.6807
August 1749.0468 1691.3304 1718.1247
September 1779.9390 1703.4676 1745.1699
October 1867.7202 1788.9099 1838.9900
November 1810.2551 1666.9964 1731.0409
December 1709.8307 1660.2272 1681.5327