YEARLY HIGH
21.1849 LKR
YEARLY LOW
18.6824 LKR
YEARLY AVERAGE
19.9555 LKR

2018 NOK to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 21.1849. Conversely, the yearly low was recorded on January 1, dropping to 18.6824.

This high-to-low spread represents a total annual volatility of 2.5025 LKR. From a start-to-finish perspective, comparing the January average rate of 19.4521 to the December average rate of 20.8893, the exchange rate registered a net change of 7.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 21.1849 was up 6.94% compared to the 2017 peak of 19.8093, 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 105,924 LKR
2017 Average 92,306 LKR
Yearly Trough Low 93,412 LKR
Transaction Impact: A difference of 12,512.54 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

21.0568
19.0470
JanuMarcMayJulySeptNove

NOK to LKR 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 19.7081, compared to 20.2029 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4948 points.

H1 Avg (Jan–Jun) 19.7081
H2 Avg (Jul–Dec) 20.2029

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 1.6577 LKR (High: 20.8274 / Low: 19.1698). On the other end, October was the most stable month, with a tight range of 0.4439 LKR (High: 20.9796 / Low: 20.5357).

September Spread (Volatile) ±1.6577
October Spread (Stable) ±0.4439

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.4124 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.4124

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 20.8893) against the same month in 2017 (average: 18.4311), the exchange rate shifted by +2.4582 (+13.34%).

2018 Avg (December) 20.8893
2017 Avg (December) 18.4311

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.0013 18.6824 19.4521
February 20.1706 19.3495 19.7636
March 20.3266 19.7777 20.0395
April 20.1520 19.6643 19.9128
May 19.7524 19.0555 19.5005
June 19.9342 19.3200 19.5803
July 19.8217 19.3654 19.5850
August 19.5184 18.9140 19.2145
September 20.8274 19.1698 20.0047
October 20.9796 20.5357 20.7351
November 21.0527 20.4132 20.7889
December 21.1849 20.6356 20.8893