YEARLY HIGH
14.6414 ISK
YEARLY LOW
12.5209 ISK
YEARLY AVERAGE
13.2817 ISK

2018 NOK to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 29, valuing the pair at 14.6414. Conversely, the yearly low was recorded on April 2, dropping to 12.5209.

This high-to-low spread represents a total annual volatility of 2.1205 ISK. From a start-to-finish perspective, comparing the January average rate of 12.9926 to the December average rate of 13.9599, the exchange rate registered a net change of 7.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 14.6414 was up 4.51% compared to the 2017 peak of 14.0095, 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 73,207 ISK
2017 Average 64,528 ISK
Yearly Trough Low 62,605 ISK
Transaction Impact: A difference of 10,602.69 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

14.6846
12.5178
JanuMarcMayJulySeptNove

NOK to ISK 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 12.8940, compared to 13.6693 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7753 points.

H1 Avg (Jan–Jun) 12.8940
H2 Avg (Jul–Dec) 13.6693

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 1.1697 ISK (High: 14.4650 / Low: 13.2953). On the other end, February was the most stable month, with a tight range of 0.2601 ISK (High: 13.0561 / Low: 12.7960).

December Spread (Volatile) ±1.1697
February Spread (Stable) ±0.2601

Growth Streaks & Declines

Trends

Between August and November, 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 November and December, when the average rate fell by 0.5441 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.5441

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 14.5040) against the same month in 2017 (average: 12.7258), the exchange rate shifted by +1.7783 (+13.97%).

2018 Avg (November) 14.5040
2017 Avg (November) 12.7258

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.1291 12.6176 12.9926
February 13.0561 12.7960 12.8852
March 12.9448 12.5526 12.8067
April 12.8334 12.5209 12.6983
May 13.0873 12.5898 12.8286
June 13.4223 12.7771 13.1525
July 13.3409 12.8577 13.0938
August 13.0481 12.6993 12.9030
September 13.7298 12.8299 13.3775
October 14.5250 13.7234 14.1777
November 14.6414 14.3284 14.5040
December 14.4650 13.2953 13.9599