YEARLY HIGH
0.9773 SRD
YEARLY LOW
0.8503 SRD
YEARLY AVERAGE
0.9178 SRD

2018 NOK to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.9773. Conversely, the yearly low was recorded on December 23, dropping to 0.8503.

This high-to-low spread represents a total annual volatility of 0.1270 SRD. From a start-to-finish perspective, comparing the January average rate of 0.9438 to the December average rate of 0.8639, the exchange rate registered a net change of -8.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.9773 was up 1.58% compared to the 2017 peak of 0.9621, 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 4,886 SRD
2017 Average 4,532 SRD
Yearly Trough Low 4,251 SRD
Transaction Impact: A difference of 635.12 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.9711
0.8541
JanuMarcMayJulySeptNove

NOK to SRD 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 0.9421, compared to 0.8936 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0485 points.

H1 Avg (Jan–Jun) 0.9421
H2 Avg (Jul–Dec) 0.8936

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0621 SRD (High: 0.9719 / Low: 0.9098). On the other end, June was the most stable month, with a tight range of 0.0206 SRD (High: 0.9321 / Low: 0.9115).

January Spread (Volatile) ±0.0621
June Spread (Stable) ±0.0206

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 0.0296 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0296

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.9532) against the same month in 2017 (average: 0.9048), the exchange rate shifted by +0.0484 (+5.35%).

2018 Avg (February) 0.9532
2017 Avg (February) 0.9048

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9719 0.9098 0.9438
February 0.9773 0.9361 0.9532
March 0.9731 0.9500 0.9614
April 0.9624 0.9321 0.9519
May 0.9346 0.9006 0.9223
June 0.9321 0.9115 0.9198
July 0.9300 0.9023 0.9171
August 0.9125 0.8794 0.8940
September 0.9201 0.8824 0.9034
October 0.9158 0.8843 0.9030
November 0.8939 0.8675 0.8800
December 0.8773 0.8503 0.8639