YEARLY HIGH
0.1883 NZD
YEARLY LOW
0.1673 NZD
YEARLY AVERAGE
0.1777 NZD

2018 NOK to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 10, valuing the pair at 0.1883. Conversely, the yearly low was recorded on December 18, dropping to 0.1673.

This high-to-low spread represents a total annual volatility of 0.0210 NZD. From a start-to-finish perspective, comparing the January average rate of 0.1744 to the December average rate of 0.1702, the exchange rate registered a net change of -2.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1883 was up 3.91% compared to the 2017 peak of 0.1812, 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 941 NZD
2017 Average 852 NZD
Yearly Trough Low 836 NZD
Transaction Impact: A difference of 105.19 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1871
0.1687
JanuMarcMayJulySeptNove

NOK to NZD 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 0.1763, compared to 0.1791 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.1763
H2 Avg (Jul–Dec) 0.1791

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 0.0107 NZD (High: 0.1800 / Low: 0.1692). On the other end, July was the most stable month, with a tight range of 0.0030 NZD (High: 0.1827 / Low: 0.1796).

November Spread (Volatile) ±0.0107
July Spread (Stable) ±0.0030

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 October and November, when the average rate fell by 0.0114 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0114

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2018: 0.1856) against the same month in 2017 (average: 0.1775), the exchange rate shifted by +0.0081 (+4.57%).

2018 Avg (October) 0.1856
2017 Avg (October) 0.1775

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1771 0.1720 0.1744
February 0.1775 0.1730 0.1747
March 0.1799 0.1756 0.1775
April 0.1779 0.1741 0.1761
May 0.1799 0.1745 0.1777
June 0.1814 0.1749 0.1776
July 0.1827 0.1796 0.1811
August 0.1819 0.1776 0.1799
September 0.1862 0.1802 0.1836
October 0.1883 0.1814 0.1856
November 0.1800 0.1692 0.1742
December 0.1722 0.1673 0.1702