2018 PEN to NOK Historical Review

YEARLY HIGH

2.6120 NOK

YEARLY LOW

2.3591 NOK

YEARLY AVERAGE

2.4765 NOK

2018 PEN to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the PEN to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 2.6120. Conversely, the yearly low was recorded on March 19, dropping to 2.3591.

This high-to-low spread represents a total annual volatility of 0.2528 NOK. From a start-to-finish perspective, comparing the January average rate of 2.4589 to the December average rate of 2.5664, the exchange rate registered a net change of 4.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.6120 was down 2.54% compared to the 2017 peak of 2.6800, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 PEN based on timing:

Yearly Peak High 13,060 NOK

2017 Average 12,679 NOK

Yearly Trough Low 11,796 NOK

Transaction Impact: A difference of 1,264.25 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.5840

2.3727

JanuMarcMayJulySeptNove

PEN to NOK 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 2.4411, compared to 2.5118 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0707 points.

H1 Avg (Jan–Jun) 2.4411

H2 Avg (Jul–Dec) 2.5118

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.1412 NOK (High: 2.5319 / Low: 2.3907). On the other end, June was the most stable month, with a tight range of 0.0478 NOK (High: 2.5035 / Low: 2.4557).

January Spread (Volatile) ±0.1412

June Spread (Stable) ±0.0478

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0471 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0471

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 2.5664) against the same month in 2017 (average: 2.5615), the exchange rate shifted by +0.0049 (+0.19%).

2018 Avg (December) 2.5664

2017 Avg (December) 2.5615

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5319	2.3907	2.4589
February	2.4391	2.3799	2.4118
March	2.4363	2.3591	2.3903
April	2.4681	2.3989	2.4290
May	2.5277	2.4467	2.4742
June	2.5035	2.4557	2.4826
July	2.5086	2.4421	2.4824
August	2.5607	2.4973	2.5358
September	2.5461	2.4540	2.4950
October	2.5143	2.4431	2.4788
November	2.5453	2.4782	2.5124
December	2.6120	2.5135	2.5664