YEARLY HIGH
1.8452 SZL
YEARLY LOW
1.4780 SZL
YEARLY AVERAGE
1.6240 SZL

2018 NOK to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on September 5, valuing the pair at 1.8452. Conversely, the yearly low was recorded on February 26, dropping to 1.4780.

This high-to-low spread represents a total annual volatility of 0.3671 SZL. From a start-to-finish perspective, comparing the January average rate of 1.5428 to the December average rate of 1.6489, the exchange rate registered a net change of 6.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.8452 was up 4.04% compared to the 2017 peak of 1.7734, 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 9,226 SZL
2017 Average 8,058 SZL
Yearly Trough Low 7,390 SZL
Transaction Impact: A difference of 1,835.70 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.8132
1.4844
JanuMarcMayJulySeptNove

NOK to SZL 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 1.5505, compared to 1.6976 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1471 points.

H1 Avg (Jan–Jun) 1.5505
H2 Avg (Jul–Dec) 1.6976

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 0.1420 SZL (High: 1.6910 / Low: 1.5490). On the other end, April was the most stable month, with a tight range of 0.0593 SZL (High: 1.5624 / Low: 1.5030).

June Spread (Volatile) ±0.1420
April Spread (Stable) ±0.0593

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0951 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0951

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2018: 1.7858) against the same month in 2017 (average: 1.6782), the exchange rate shifted by +0.1075 (+6.41%).

2018 Avg (September) 1.7858
2017 Avg (September) 1.6782

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.5651 1.4985 1.5428
February 1.5611 1.4780 1.5118
March 1.5601 1.4885 1.5252
April 1.5624 1.5030 1.5412
May 1.5850 1.5185 1.5489
June 1.6910 1.5490 1.6331
July 1.6953 1.6063 1.6493
August 1.7462 1.6104 1.6800
September 1.8452 1.7318 1.7858
October 1.8000 1.7078 1.7582
November 1.7402 1.5994 1.6632
December 1.6786 1.5968 1.6489