YEARLY HIGH
0.4239 PEN
YEARLY LOW
0.3829 PEN
YEARLY AVERAGE
0.4040 PEN

2018 NOK to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 19, valuing the pair at 0.4239. Conversely, the yearly low was recorded on December 18, dropping to 0.3829.

This high-to-low spread represents a total annual volatility of 0.0410 PEN. From a start-to-finish perspective, comparing the January average rate of 0.4068 to the December average rate of 0.3897, the exchange rate registered a net change of -4.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.4239 was up 1.33% compared to the 2017 peak of 0.4183, 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 2,119 PEN
2017 Average 1,973 PEN
Yearly Trough Low 1,914 PEN
Transaction Impact: A difference of 205.17 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.4213
0.3869
JanuMarcMayJulySeptNove

NOK to PEN 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 0.4098, compared to 0.3982 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0116 points.

H1 Avg (Jan–Jun) 0.4098
H2 Avg (Jul–Dec) 0.3982

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0233 PEN (High: 0.4183 / Low: 0.3950). On the other end, June was the most stable month, with a tight range of 0.0078 PEN (High: 0.4072 / Low: 0.3994).

January Spread (Volatile) ±0.0233
June Spread (Stable) ±0.0078

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 July and August, when the average rate fell by 0.0085 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0085

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 0.4184) against the same month in 2017 (average: 0.3837), the exchange rate shifted by +0.0347 (+9.05%).

2018 Avg (March) 0.4184
2017 Avg (March) 0.3837

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4183 0.3950 0.4068
February 0.4202 0.4100 0.4147
March 0.4239 0.4105 0.4184
April 0.4169 0.4052 0.4117
May 0.4087 0.3956 0.4042
June 0.4072 0.3994 0.4028
July 0.4095 0.3986 0.4029
August 0.4004 0.3905 0.3944
September 0.4075 0.3928 0.4009
October 0.4093 0.3977 0.4034
November 0.4035 0.3929 0.3981
December 0.3978 0.3829 0.3897