2018 NOK to LRD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
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.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |