2018 NOK to RSD Historical Review

YEARLY HIGH

12.5524 RSD

YEARLY LOW

11.8076 RSD

YEARLY AVERAGE

12.3099 RSD

2018 NOK to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 14, valuing the pair at 12.5524. Conversely, the yearly low was recorded on December 27, dropping to 11.8076.

This high-to-low spread represents a total annual volatility of 0.7449 RSD. From a start-to-finish perspective, comparing the January average rate of 12.2965 to the December average rate of 12.0416, the exchange rate registered a net change of -2.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 12.5524 was down 10.74% compared to the 2017 peak of 14.0633, 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 62,762 RSD

2017 Average 65,061 RSD

Yearly Trough Low 59,038 RSD

Transaction Impact: A difference of 3,724.38 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

12.5261

11.9975

JanuMarcMayJulySeptNove

NOK to RSD 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 12.3233, compared to 12.2966 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0267 points.

H1 Avg (Jan–Jun) 12.3233

H2 Avg (Jul–Dec) 12.2966

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.4400 RSD (High: 12.2476 / Low: 11.8076). On the other end, October was the most stable month, with a tight range of 0.1632 RSD (High: 12.5521 / Low: 12.3889).

December Spread (Volatile) ±0.4400

October Spread (Stable) ±0.1632

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 0.2363 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2363

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2018: 12.4557) against the same month in 2017 (average: 12.8325), the exchange rate shifted by -0.3768 (-2.94%).

2018 Avg (June) 12.4557

2017 Avg (June) 12.8325

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.4296	12.0073	12.2965
February	12.4104	12.1457	12.2303
March	12.4918	12.1659	12.3388
April	12.3515	12.1833	12.2737
May	12.4809	12.0986	12.3448
June	12.5524	12.3671	12.4557
July	12.5358	12.2988	12.4140
August	12.3950	12.1262	12.2663
September	12.5138	12.0791	12.2976
October	12.5521	12.3889	12.4821
November	12.4344	12.1304	12.2779
December	12.2476	11.8076	12.0416