YEARLY HIGH
316.2272 MNT
YEARLY LOW
266.0498 MNT
YEARLY AVERAGE
298.8574 MNT

2018 NOK to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 316.2272. Conversely, the yearly low was recorded on June 14, dropping to 266.0498.

This high-to-low spread represents a total annual volatility of 50.1774 MNT. From a start-to-finish perspective, comparing the January average rate of 306.4501 to the December average rate of 285.4490, the exchange rate registered a net change of -6.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 316.2272 was up 0.05% compared to the 2017 peak of 316.0587, 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 1,581,136 MNT
2017 Average 1,473,929 MNT
Yearly Trough Low 1,330,249 MNT
Transaction Impact: A difference of 250,886.82 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

310.2330
283.1959
JanuMarcMayJulySeptNove

NOK to MNT 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 302.8249, compared to 294.8900 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.9349 points.

H1 Avg (Jan–Jun) 302.8249
H2 Avg (Jul–Dec) 294.8900

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 35.2745 MNT (High: 301.3243 / Low: 266.0498). On the other end, March was the most stable month, with a tight range of 7.4216 MNT (High: 311.9930 / Low: 304.5713).

June Spread (Volatile) ±35.2745
March Spread (Stable) ±7.4216

Growth Streaks & Declines

Trends

Between August and October, 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 November and December, when the average rate fell by 8.6214 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -8.6214

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 306.3825) against the same month in 2017 (average: 296.7105), the exchange rate shifted by +9.6720 (+3.26%).

2018 Avg (February) 306.3825
2017 Avg (February) 296.7105

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 314.6283 295.5807 306.4501
February 316.2272 301.3430 306.3825
March 311.9930 304.5713 307.9799
April 308.0707 298.9314 304.6777
May 300.0447 290.0578 296.4958
June 301.3243 266.0498 294.9634
July 304.6216 296.6116 300.2005
August 298.5090 287.9505 292.7225
September 301.2931 288.9327 295.8187
October 305.5648 295.3605 301.0789
November 298.4068 289.6478 294.0703
December 292.7838 279.7412 285.4490