YEARLY HIGH
45.7075 KZT
YEARLY LOW
39.7950 KZT
YEARLY AVERAGE
42.3533 KZT

2018 NOK to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 11, valuing the pair at 45.7075. Conversely, the yearly low was recorded on May 29, dropping to 39.7950.

This high-to-low spread represents a total annual volatility of 5.9125 KZT. From a start-to-finish perspective, comparing the January average rate of 41.3443 to the December average rate of 43.0973, the exchange rate registered a net change of 4.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 45.7075 was up 4.22% compared to the 2017 peak of 43.8576, 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 228,537 KZT
2017 Average 197,598 KZT
Yearly Trough Low 198,975 KZT
Transaction Impact: A difference of 29,562.48 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

44.9126
40.2043
JanuMarcMayJulySeptNove

NOK to KZT 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 41.2053, compared to 43.5012 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2959 points.

H1 Avg (Jan–Jun) 41.2053
H2 Avg (Jul–Dec) 43.5012

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 2.3712 KZT (High: 45.7075 / Low: 43.3363). On the other end, July was the most stable month, with a tight range of 1.0934 KZT (High: 42.8872 / Low: 41.7938).

September Spread (Volatile) ±2.3712
July Spread (Stable) ±1.0934

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.8311 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.8311

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 44.4475) against the same month in 2017 (average: 43.4021), the exchange rate shifted by +1.0454 (+2.41%).

2018 Avg (September) 44.4475
2017 Avg (September) 43.4021

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 41.8539 40.5195 41.3443
February 42.1663 40.5016 41.0877
March 41.7376 40.5910 41.3082
April 42.5248 40.4720 41.4278
May 41.0148 39.7950 40.5967
June 42.0242 40.4482 41.4673
July 42.8872 41.7938 42.3496
August 43.6687 42.1818 42.8575
September 45.7075 43.3363 44.4475
October 45.3406 43.8450 44.5203
November 44.5562 42.5864 43.7352
December 44.5016 42.3682 43.0973