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