YEARLY HIGH
19.8202 LRD
YEARLY LOW
15.3082 LRD
YEARLY AVERAGE
17.6588 LRD

2018 NOK to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 19.8202. Conversely, the yearly low was recorded on January 1, dropping to 15.3082.

This high-to-low spread represents a total annual volatility of 4.5121 LRD. From a start-to-finish perspective, comparing the January average rate of 16.0502 to the December average rate of 18.2549, the exchange rate registered a net change of 13.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 19.8202 was up 28.91% compared to the 2017 peak of 15.3750, 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 99,101 LRD
2017 Average 63,400 LRD
Yearly Trough Low 76,541 LRD
Transaction Impact: A difference of 22,560.35 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

19.3950
15.7461
JanuMarcMayJulySeptNove

NOK to LRD 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 16.6382, compared to 18.6794 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.0412 points.

H1 Avg (Jan–Jun) 16.6382
H2 Avg (Jul–Dec) 18.6794

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 1.5056 LRD (High: 18.4013 / Low: 16.8957). On the other end, August was the most stable month, with a tight range of 0.4273 LRD (High: 18.5923 / Low: 18.1650).

June Spread (Volatile) ±1.5056
August Spread (Stable) ±0.4273

Growth Streaks & Declines

Trends

Between January and March, 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 0.6967 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.6967

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2018: 19.0909) against the same month in 2017 (average: 11.3740), the exchange rate shifted by +7.7169 (+67.85%).

2018 Avg (July) 19.0909
2017 Avg (July) 11.3740

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 16.7520 15.3082 16.0502
February 16.6787 15.6974 16.1168
March 17.1142 16.6287 16.8745
April 17.0047 16.4044 16.7113
May 16.9643 16.1320 16.5332
June 18.4013 16.8957 17.5436
July 19.8202 18.3801 19.0909
August 18.5923 18.1650 18.3942
September 19.6089 18.2493 18.7563
October 19.2777 18.5711 18.9668
November 18.8772 18.3865 18.6134
December 18.5917 17.9103 18.2549