2018 NOK to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 NOK to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the NOK to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 30, valuing the pair at 5387.8638. Conversely, the yearly low was recorded on January 1, dropping to 4346.5589.
This high-to-low spread represents a total annual volatility of 1041.3049 IRR. From a start-to-finish perspective, comparing the January average rate of 4560.2444 to the December average rate of 4894.6042, the exchange rate registered a net change of 7.33% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 5387.8638 was up 24.05% compared to the 2017 peak of 4343.2344, 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 IRR 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 4854.6352, compared to 5133.5765 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 278.9413 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was May, with a trading range of 653.2578 IRR (High: 5259.5476 / Low: 4606.2899). On the other end, June was the most stable month, with a tight range of 124.2805 IRR (High: 5276.4476 / Low: 5152.1671).
Growth Streaks & Declines
TrendsBetween 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 134.1289 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2018: 5322.2698) against the same month in 2017 (average: 4000.3022), the exchange rate shifted by +1321.9675 (+33.05%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4791.8652 | 4346.5589 | 4560.2444 |
| February | 4836.1216 | 4633.5489 | 4730.6237 |
| March | 4895.4882 | 4757.6817 | 4827.1264 |
| April | 4833.0860 | 4674.6948 | 4781.4070 |
| May | 5259.5476 | 4606.2899 | 5011.0803 |
| June | 5276.4476 | 5152.1671 | 5217.3295 |
| July | 5387.8638 | 5218.8846 | 5322.2698 |
| August | 5364.6168 | 5089.2861 | 5193.3323 |
| September | 5325.1593 | 5106.5680 | 5228.7868 |
| October | 5294.9903 | 5038.8514 | 5148.2974 |
| November | 5093.4310 | 4943.3433 | 5014.1685 |
| December | 4997.0590 | 4800.2052 | 4894.6042 |