2018 NOK to TOP Historical Review

YEARLY HIGH

0.2917 TOP

YEARLY LOW

0.2579 TOP

YEARLY AVERAGE

0.2794 TOP

2018 NOK to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 0.2917. Conversely, the yearly low was recorded on December 22, dropping to 0.2579.

This high-to-low spread represents a total annual volatility of 0.0339 TOP. From a start-to-finish perspective, comparing the January average rate of 0.2842 to the December average rate of 0.2638, the exchange rate registered a net change of -7.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.2917 was up 0.85% compared to the 2017 peak of 0.2893, 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 1,459 TOP

2017 Average 1,371 TOP

Yearly Trough Low 1,289 TOP

Transaction Impact: A difference of 169.26 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.2885

0.2615

JanuMarcMayJulySeptNove

NOK to TOP 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 0.2829, compared to 0.2758 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0071 points.

H1 Avg (Jan–Jun) 0.2829

H2 Avg (Jul–Dec) 0.2758

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0156 TOP (High: 0.2917 / Low: 0.2762). On the other end, June was the most stable month, with a tight range of 0.0054 TOP (High: 0.2842 / Low: 0.2788).

January Spread (Volatile) ±0.0156

June Spread (Stable) ±0.0054

Growth Streaks & Declines

Trends

Between May and July, 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 October and November, when the average rate fell by 0.0084 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0084

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.2842) against the same month in 2017 (average: 0.2719), the exchange rate shifted by +0.0123 (+4.52%).

2018 Avg (January) 0.2842

2017 Avg (January) 0.2719

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2917	0.2762	0.2842
February	0.2891	0.2786	0.2826
March	0.2895	0.2829	0.2862
April	0.2863	0.2774	0.2835
May	0.2850	0.2726	0.2797
June	0.2842	0.2788	0.2814
July	0.2891	0.2810	0.2847
August	0.2827	0.2724	0.2770
September	0.2851	0.2734	0.2799
October	0.2834	0.2730	0.2791
November	0.2756	0.2664	0.2707
December	0.2694	0.2579	0.2638