YEARLY HIGH
1.0129 SBD
YEARLY LOW
0.9191 SBD
YEARLY AVERAGE
0.9687 SBD

2018 NOK to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 1.0129. Conversely, the yearly low was recorded on November 20, dropping to 0.9191.

This high-to-low spread represents a total annual volatility of 0.0938 SBD. From a start-to-finish perspective, comparing the January average rate of 0.9828 to the December average rate of 0.9362, the exchange rate registered a net change of -4.74% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.0129 was up 0.32% compared to the 2017 peak of 1.0096, 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 5,064 SBD
2017 Average 4,728 SBD
Yearly Trough Low 4,596 SBD
Transaction Impact: A difference of 468.83 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.0065
0.9298
JanuMarcMayJulySeptNove

NOK to SBD 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 0.9844, compared to 0.9529 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0315 points.

H1 Avg (Jan–Jun) 0.9844
H2 Avg (Jul–Dec) 0.9529

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0616 SBD (High: 1.0086 / Low: 0.9470). On the other end, March was the most stable month, with a tight range of 0.0220 SBD (High: 1.0121 / Low: 0.9902).

January Spread (Volatile) ±0.0616
March Spread (Stable) ±0.0220

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 0.0274 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0274

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.9898) against the same month in 2017 (average: 0.9342), the exchange rate shifted by +0.0556 (+5.95%).

2018 Avg (February) 0.9898
2017 Avg (February) 0.9342

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0086 0.9470 0.9828
February 1.0129 0.9686 0.9898
March 1.0121 0.9902 1.0001
April 1.0041 0.9716 0.9922
May 0.9810 0.9542 0.9671
June 0.9865 0.9623 0.9745
July 0.9935 0.9610 0.9730
August 0.9652 0.9302 0.9456
September 0.9733 0.9334 0.9556
October 0.9747 0.9518 0.9632
November 0.9595 0.9191 0.9437
December 0.9534 0.9269 0.9362