YEARLY HIGH
46.5214 MRO
YEARLY LOW
25.1340 MRO
YEARLY AVERAGE
43.7038 MRO

2018 NOK to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 46.5214. Conversely, the yearly low was recorded on October 8, dropping to 25.1340.

This high-to-low spread represents a total annual volatility of 21.3874 MRO. From a start-to-finish perspective, comparing the January average rate of 44.8946 to the December average rate of 41.3509, the exchange rate registered a net change of -7.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 46.5214 was down 1.62% compared to the 2017 peak of 47.2874, 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 232,607 MRO
2017 Average 217,901 MRO
Yearly Trough Low 125,670 MRO
Transaction Impact: A difference of 106,936.95 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

46.2282
40.9075
JanuMarcMayJulySeptNove

NOK to MRO 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 44.8522, compared to 42.5553 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.2968 points.

H1 Avg (Jan–Jun) 44.8522
H2 Avg (Jul–Dec) 42.5553

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 18.7014 MRO (High: 43.8354 / Low: 25.1340). On the other end, June was the most stable month, with a tight range of 0.9804 MRO (High: 44.3717 / Low: 43.3913).

October Spread (Volatile) ±18.7014
June Spread (Stable) ±0.9804

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 April and May, when the average rate fell by 1.3784 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.3784

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 45.3603) against the same month in 2017 (average: 43.1004), the exchange rate shifted by +2.2599 (+5.24%).

2018 Avg (February) 45.3603
2017 Avg (February) 43.1004

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 46.2669 43.2203 44.8946
February 46.5214 44.4964 45.3603
March 46.2896 45.2850 45.7848
April 45.9348 44.4979 45.3152
May 44.4942 42.9305 43.9368
June 44.3717 43.3913 43.8214
July 44.4078 43.2183 43.7890
August 43.5559 42.1520 42.7449
September 44.0435 42.2367 43.2637
October 43.8354 25.1340 42.0600
November 42.7883 41.5266 42.1235
December 41.9946 40.7000 41.3509