YEARLY HIGH
67.3965 SYP
YEARLY LOW
58.7053 SYP
YEARLY AVERAGE
63.3418 SYP

2018 NOK to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 67.3965. Conversely, the yearly low was recorded on December 23, dropping to 58.7053.

This high-to-low spread represents a total annual volatility of 8.6912 SYP. From a start-to-finish perspective, comparing the January average rate of 65.1551 to the December average rate of 59.6526, the exchange rate registered a net change of -8.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 67.3965 was up 1.18% compared to the 2017 peak of 66.6137, 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 336,983 SYP
2017 Average 203,464 SYP
Yearly Trough Low 293,526 SYP
Transaction Impact: A difference of 43,456.22 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

66.9597
58.9883
JanuMarcMayJulySeptNove

NOK to SYP 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 64.9771, compared to 61.7066 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.2705 points.

H1 Avg (Jan–Jun) 64.9771
H2 Avg (Jul–Dec) 61.7066

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 4.2026 SYP (High: 67.0368 / Low: 62.8343). On the other end, June was the most stable month, with a tight range of 1.4159 SYP (High: 64.2766 / Low: 62.8606).

January Spread (Volatile) ±4.2026
June Spread (Stable) ±1.4159

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 2.0391 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.0391

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 65.7305) against the same month in 2017 (average: 25.7333), the exchange rate shifted by +39.9971 (+155.43%).

2018 Avg (February) 65.7305
2017 Avg (February) 25.7333

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 67.0368 62.8343 65.1551
February 67.3965 64.5624 65.7305
March 67.1057 65.5094 66.2954
April 66.3664 64.2784 65.6438
May 64.4620 62.1094 63.6046
June 64.2766 62.8606 63.4328
July 64.2199 62.6118 63.3401
August 63.0080 60.7202 61.7344
September 63.5350 60.9261 62.3875
October 63.2384 61.0650 62.3591
November 61.7262 59.9073 60.7657
December 60.5584 58.7053 59.6526