YEARLY HIGH
1.8323 SCR
YEARLY LOW
1.5569 SCR
YEARLY AVERAGE
1.6748 SCR

2018 NOK to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 1.8323. Conversely, the yearly low was recorded on December 27, dropping to 1.5569.

This high-to-low spread represents a total annual volatility of 0.2753 SCR. From a start-to-finish perspective, comparing the January average rate of 1.7599 to the December average rate of 1.5839, the exchange rate registered a net change of -10.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.8323 was up 3.08% compared to the 2017 peak of 1.7775, 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 9,161 SCR
2017 Average 8,223 SCR
Yearly Trough Low 7,785 SCR
Transaction Impact: A difference of 1,376.73 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.7775
1.5663
JanuMarcMayJulySeptNove

NOK to SCR 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 1.7170, compared to 1.6326 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0844 points.

H1 Avg (Jan–Jun) 1.7170
H2 Avg (Jul–Dec) 1.6326

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.1498 SCR (High: 1.7595 / Low: 1.6096). On the other end, July was the most stable month, with a tight range of 0.0420 SCR (High: 1.6884 / Low: 1.6464).

September Spread (Volatile) ±0.1498
July Spread (Stable) ±0.0420

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0512 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0512

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 1.7378) against the same month in 2017 (average: 1.6146), the exchange rate shifted by +0.1232 (+7.63%).

2018 Avg (February) 1.7378
2017 Avg (February) 1.6146

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8194 1.7120 1.7599
February 1.8323 1.6864 1.7378
March 1.8051 1.7133 1.7565
April 1.7702 1.6791 1.7175
May 1.7468 1.6224 1.6663
June 1.6919 1.6425 1.6640
July 1.6884 1.6464 1.6659
August 1.6613 1.6022 1.6291
September 1.7595 1.6096 1.6537
October 1.6886 1.6172 1.6525
November 1.6348 1.5867 1.6108
December 1.6144 1.5569 1.5839