YEARLY HIGH
0.4907 SAR
YEARLY LOW
0.4279 SAR
YEARLY AVERAGE
0.4613 SAR

2018 NOK to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.4907. Conversely, the yearly low was recorded on December 23, dropping to 0.4279.

This high-to-low spread represents a total annual volatility of 0.0628 SAR. From a start-to-finish perspective, comparing the January average rate of 0.4744 to the December average rate of 0.4345, the exchange rate registered a net change of -8.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.4907 was up 1.15% compared to the 2017 peak of 0.4851, 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 2,453 SAR
2017 Average 2,270 SAR
Yearly Trough Low 2,139 SAR
Transaction Impact: A difference of 313.94 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.4876
0.4297
JanuMarcMayJulySeptNove

NOK to SAR 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 0.4732, compared to 0.4494 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0238 points.

H1 Avg (Jan–Jun) 0.4732
H2 Avg (Jul–Dec) 0.4494

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0305 SAR (High: 0.4881 / Low: 0.4576). On the other end, June was the most stable month, with a tight range of 0.0105 SAR (High: 0.4682 / Low: 0.4578).

January Spread (Volatile) ±0.0305
June Spread (Stable) ±0.0105

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 April and May, when the average rate fell by 0.0147 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0147

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.4787) against the same month in 2017 (average: 0.4503), the exchange rate shifted by +0.0284 (+6.31%).

2018 Avg (February) 0.4787
2017 Avg (February) 0.4503

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4881 0.4576 0.4744
February 0.4907 0.4701 0.4787
March 0.4887 0.4770 0.4828
April 0.4832 0.4681 0.4780
May 0.4693 0.4523 0.4633
June 0.4682 0.4578 0.4620
July 0.4677 0.4559 0.4612
August 0.4589 0.4422 0.4496
September 0.4626 0.4437 0.4543
October 0.4606 0.4448 0.4541
November 0.4496 0.4364 0.4427
December 0.4413 0.4279 0.4345