2018 NOK to SOS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 NOK to SOS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the NOK to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 75.8621. Conversely, the yearly low was recorded on December 25, dropping to 66.0220.
This high-to-low spread represents a total annual volatility of 9.8401 SOS. From a start-to-finish perspective, comparing the January average rate of 73.3480 to the December average rate of 67.1741, the exchange rate registered a net change of -8.42% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 75.8621 was down 0.11% compared to the 2017 peak of 75.9473, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
NOK to SOS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 73.0278, compared to 69.3585 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.6693 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was January, with a trading range of 5.3732 SOS (High: 75.7423 / Low: 70.3691). On the other end, July was the most stable month, with a tight range of 1.8930 SOS (High: 72.1390 / Low: 70.2460).
Growth Streaks & Declines
TrendsBetween 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 2.4209 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2018: 74.1347) against the same month in 2017 (average: 69.5072), the exchange rate shifted by +4.6275 (+6.66%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 75.7423 | 70.3691 | 73.3480 |
| February | 75.8621 | 72.7438 | 74.1347 |
| March | 75.8374 | 73.7452 | 74.7867 |
| April | 74.5053 | 71.8460 | 73.6306 |
| May | 72.3655 | 69.4514 | 71.2096 |
| June | 71.9314 | 69.9239 | 71.0573 |
| July | 72.1390 | 70.2460 | 71.1137 |
| August | 70.8390 | 68.1914 | 69.3137 |
| September | 71.3250 | 68.5040 | 70.0508 |
| October | 71.1298 | 68.7453 | 70.1473 |
| November | 69.4837 | 67.3136 | 68.3515 |
| December | 68.2973 | 66.0220 | 67.1741 |