YEARLY HIGH
14.3162 JPY
YEARLY LOW
12.6074 JPY
YEARLY AVERAGE
13.5714 JPY

2018 NOK to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 14.3162. Conversely, the yearly low was recorded on December 24, dropping to 12.6074.

This high-to-low spread represents a total annual volatility of 1.7088 JPY. From a start-to-finish perspective, comparing the January average rate of 14.0345 to the December average rate of 12.9914, the exchange rate registered a net change of -7.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 14.3162 was down 0.72% compared to the 2017 peak of 14.4197, 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 71,581 JPY
2017 Average 67,876 JPY
Yearly Trough Low 63,037 JPY
Transaction Impact: A difference of 8,543.88 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

14.1388
12.8871
JanuMarcMayJulySeptNove

NOK to JPY 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 13.7121, compared to 13.4306 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2815 points.

H1 Avg (Jan–Jun) 13.7121
H2 Avg (Jul–Dec) 13.4306

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.8556 JPY (High: 13.9716 / Low: 13.1160). On the other end, March was the most stable month, with a tight range of 0.2770 JPY (High: 13.7794 / Low: 13.5024).

September Spread (Volatile) ±0.8556
March Spread (Stable) ±0.2770

Growth Streaks & Declines

Trends

Between May and July, 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 July and August, when the average rate fell by 0.3938 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3938

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 13.7709) against the same month in 2017 (average: 13.5637), the exchange rate shifted by +0.2072 (+1.53%).

2018 Avg (February) 13.7709
2017 Avg (February) 13.5637

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.1649 13.7580 14.0345
February 14.3162 13.4967 13.7709
March 13.7794 13.5024 13.6454
April 13.8380 13.4009 13.7157
May 13.7882 13.0724 13.5454
June 13.7599 13.3822 13.5608
July 13.8876 13.5446 13.6991
August 13.6593 13.0303 13.3054
September 13.9716 13.1160 13.5731
October 13.9792 13.3815 13.6473
November 13.6117 13.1313 13.3676
December 13.3251 12.6074 12.9914