2018 NOK to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 NOK to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the NOK to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 13, valuing the pair at 99.6762. Conversely, the yearly low was recorded on December 23, dropping to 84.2204.
This high-to-low spread represents a total annual volatility of 15.4558 MWK. From a start-to-finish perspective, comparing the January average rate of 91.7431 to the December average rate of 86.6690, the exchange rate registered a net change of -5.53% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 99.6762 was up 6.04% compared to the 2017 peak of 93.9999, 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 MWK 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 91.9610, compared to 87.4922 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.4687 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was June, with a trading range of 11.7410 MWK (High: 99.6762 / Low: 87.9352). On the other end, March was the most stable month, with a tight range of 2.2249 MWK (High: 94.4418 / Low: 92.2168).
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 April and May, when the average rate fell by 3.4103 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2018: 92.4812) against the same month in 2017 (average: 85.8698), the exchange rate shifted by +6.6114 (+7.70%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 94.4631 | 88.3975 | 91.7431 |
| February | 94.9048 | 90.8755 | 92.5934 |
| March | 94.4418 | 92.2168 | 93.3520 |
| April | 93.6644 | 90.6561 | 92.5032 |
| May | 92.7329 | 86.8119 | 89.0929 |
| June | 99.6762 | 87.9352 | 92.4812 |
| July | 90.5759 | 88.3039 | 89.3191 |
| August | 88.8932 | 85.7429 | 87.1008 |
| September | 89.7074 | 86.0430 | 88.0761 |
| October | 89.2901 | 86.2320 | 88.0184 |
| November | 87.1705 | 84.2735 | 85.7700 |
| December | 91.6568 | 84.2204 | 86.6690 |