YEARLY HIGH
5387.8638 IRR
YEARLY LOW
4346.5589 IRR
YEARLY AVERAGE
4994.1059 IRR

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NOK based on timing:

Yearly Peak High 26,939,319 IRR
2017 Average 20,014,404 IRR
Yearly Trough Low 21,732,795 IRR
Transaction Impact: A difference of 5,206,524.74 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

5398.4723
4484.0419
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 4854.6352
H2 Avg (Jul–Dec) 5133.5765

Volatility Range Comparison

Volatility

The 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).

May Spread (Volatile) ±653.2578
June Spread (Stable) ±124.2805

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 3 Mo.
Sharpest MoM Drop -134.1289

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2018 Avg (July) 5322.2698
2017 Avg (July) 4000.3022

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