YEARLY HIGH
0.4957 RON
YEARLY LOW
0.4631 RON
YEARLY AVERAGE
0.4845 RON

2018 NOK to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on June 14, valuing the pair at 0.4957. Conversely, the yearly low was recorded on December 23, dropping to 0.4631.

This high-to-low spread represents a total annual volatility of 0.0327 RON. From a start-to-finish perspective, comparing the January average rate of 0.4823 to the December average rate of 0.4734, the exchange rate registered a net change of -1.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.4957 was down 3.33% compared to the 2017 peak of 0.5128, 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 2,479 RON
2017 Average 2,449 RON
Yearly Trough Low 2,315 RON
Transaction Impact: A difference of 163.37 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.4937
0.4715
JanuMarcMayJulySeptNove

NOK to RON 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 0.4851, compared to 0.4839 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.4851
H2 Avg (Jul–Dec) 0.4839

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.0190 RON (High: 0.4820 / Low: 0.4631). On the other end, October was the most stable month, with a tight range of 0.0062 RON (High: 0.4950 / Low: 0.4888).

December Spread (Volatile) ±0.0190
October Spread (Stable) ±0.0062

Growth Streaks & Declines

Trends

Between April and June, 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 November and December, when the average rate fell by 0.0104 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0104

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2018: 0.4919) against the same month in 2017 (average: 0.4814), the exchange rate shifted by +0.0105 (+2.18%).

2018 Avg (June) 0.4919
2017 Avg (June) 0.4814

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4887 0.4738 0.4823
February 0.4864 0.4766 0.4812
March 0.4925 0.4806 0.4866
April 0.4868 0.4795 0.4839
May 0.4889 0.4770 0.4850
June 0.4957 0.4880 0.4919
July 0.4948 0.4843 0.4891
August 0.4883 0.4752 0.4824
September 0.4924 0.4739 0.4829
October 0.4950 0.4888 0.4919
November 0.4902 0.4778 0.4838
December 0.4820 0.4631 0.4734