2018 NOK to XOF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 NOK to XOF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the NOK to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 14, valuing the pair at 69.7113. Conversely, the yearly low was recorded on December 27, dropping to 65.4788.
This high-to-low spread represents a total annual volatility of 4.2324 XOF. From a start-to-finish perspective, comparing the January average rate of 68.0085 to the December average rate of 66.7835, the exchange rate registered a net change of -1.80% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 69.7113 was down 7.00% compared to the 2017 peak of 74.9577, 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 XOF 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 68.3500, compared to 68.2189 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1311 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was December, with a trading range of 2.4817 XOF (High: 67.9605 / Low: 65.4788). On the other end, October was the most stable month, with a tight range of 0.8512 XOF (High: 69.5742 / Low: 68.7230).
Growth Streaks & Declines
TrendsBetween April and June, 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 November and December, when the average rate fell by 1.3094 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2018: 69.1830) against the same month in 2017 (average: 69.1707), the exchange rate shifted by +0.0123 (+0.02%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 68.7015 | 66.6266 | 68.0085 |
| February | 68.6125 | 67.1041 | 67.8077 |
| March | 69.1699 | 67.6412 | 68.4599 |
| April | 68.4918 | 67.5945 | 68.1126 |
| May | 69.3216 | 67.5766 | 68.5285 |
| June | 69.7113 | 68.6744 | 69.1830 |
| July | 69.6417 | 68.3735 | 68.9832 |
| August | 68.9462 | 67.2454 | 68.1315 |
| September | 69.3958 | 67.0128 | 68.1947 |
| October | 69.5742 | 68.7230 | 69.1278 |
| November | 68.8510 | 67.1952 | 68.0929 |
| December | 67.9605 | 65.4788 | 66.7835 |