YEARLY HIGH
2.5798 MXN
YEARLY LOW
2.2346 MXN
YEARLY AVERAGE
2.3623 MXN

2018 NOK to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 13, valuing the pair at 2.5798. Conversely, the yearly low was recorded on August 19, dropping to 2.2346.

This high-to-low spread represents a total annual volatility of 0.3451 MXN. From a start-to-finish perspective, comparing the January average rate of 2.3913 to the December average rate of 2.3266, the exchange rate registered a net change of -2.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.5798 was down 0.63% compared to the 2017 peak of 2.5962, 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 12,899 MXN
2017 Average 11,438 MXN
Yearly Trough Low 11,173 MXN
Transaction Impact: A difference of 1,725.70 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.5204
2.2353
JanuMarcMayJulySeptNove

NOK to MXN 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 2.4027, compared to 2.3219 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0808 points.

H1 Avg (Jan–Jun) 2.4027
H2 Avg (Jul–Dec) 2.3219

Volatility Range Comparison

Volatility

The most volatile month in 2018 was July, with a trading range of 0.1709 MXN (High: 2.4443 / Low: 2.2734). On the other end, November was the most stable month, with a tight range of 0.0539 MXN (High: 2.4143 / Low: 2.3604).

July Spread (Volatile) ±0.1709
November Spread (Stable) ±0.0539

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.1600 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1600

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2018: 2.4967) against the same month in 2017 (average: 2.1464), the exchange rate shifted by +0.3503 (+16.32%).

2018 Avg (June) 2.4967
2017 Avg (June) 2.1464

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4312 2.3675 2.3913
February 2.4088 2.3444 2.3792
March 2.4242 2.3153 2.3937
April 2.4003 2.3106 2.3417
May 2.4643 2.3430 2.4139
June 2.5798 2.4099 2.4967
July 2.4443 2.2734 2.3367
August 2.2891 2.2346 2.2591
September 2.3351 2.2754 2.3010
October 2.4094 2.2719 2.3220
November 2.4143 2.3604 2.3863
December 2.4127 2.2475 2.3266