2018 NOK to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 NOK to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the NOK to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 30654.2622. Conversely, the yearly low was recorded on January 1, dropping to 1.2181.
This high-to-low spread represents a total annual volatility of 30653.0441 VEF. From a start-to-finish perspective, comparing the January average rate of 1.2784 to the December average rate of 28782.0515, the exchange rate registered a net change of 2251378.46% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 30654.2622 was up 2270134.43% compared to the 2017 peak of 1.3503, 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 VEF 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 5322.5432, compared to 25209.3263 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 19886.7831 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was August, with a trading range of 16824.8542 VEF (High: 29852.8883 / Low: 13028.0340). On the other end, January was the most stable month, with a tight range of 0.1446 VEF (High: 1.3628 / Low: 1.2181).
Growth Streaks & Declines
TrendsBetween January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 763.7206 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2018: 30097.2836) against the same month in 2017 (average: 1.2857), the exchange rate shifted by +30095.9979 (+2340865.10%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.3628 | 1.2181 | 1.2784 |
| February | 3677.3337 | 1.2734 | 2083.9451 |
| March | 5243.6610 | 3693.6538 | 4683.8044 |
| April | 8399.2048 | 5097.7339 | 6368.6640 |
| May | 9796.5640 | 8483.8913 | 8955.9669 |
| June | 9972.7154 | 9752.3656 | 9841.6006 |
| July | 13099.9093 | 9778.2575 | 11189.6306 |
| August | 29852.8883 | 13028.0340 | 21782.2742 |
| September | 30654.2622 | 29396.6840 | 30097.2836 |
| October | 30509.4128 | 29461.4182 | 30084.2193 |
| November | 29780.6301 | 28904.3040 | 29320.4987 |
| December | 29230.0576 | 28328.9793 | 28782.0515 |