YEARLY HIGH
2.1595 NOK
YEARLY LOW
2.0172 NOK
YEARLY AVERAGE
2.0642 NOK

2018 RON to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the RON to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 2.1595. Conversely, the yearly low was recorded on June 14, dropping to 2.0172.

This high-to-low spread represents a total annual volatility of 0.1423 NOK. From a start-to-finish perspective, comparing the January average rate of 2.0738 to the December average rate of 2.1128, the exchange rate registered a net change of 1.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.1595 was up 0.02% compared to the 2017 peak of 2.1591, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,798 NOK
2017 Average 10,212 NOK
Yearly Trough Low 10,086 NOK
Transaction Impact: A difference of 711.64 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.1208
2.0250
JanuMarcMayJulySeptNove

RON 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 2.0615, compared to 2.0670 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0056 points.

H1 Avg (Jan–Jun) 2.0615
H2 Avg (Jul–Dec) 2.0670

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.0850 NOK (High: 2.1595 / Low: 2.0745). On the other end, October was the most stable month, with a tight range of 0.0256 NOK (High: 2.0460 / Low: 2.0204).

December Spread (Volatile) ±0.0850
October Spread (Stable) ±0.0256

Growth Streaks & Declines

Trends

Between June and August, 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 September and October, when the average rate fell by 0.0382 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0382

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 2.1128) against the same month in 2017 (average: 2.1226), the exchange rate shifted by -0.0098 (-0.46%).

2018 Avg (December) 2.1128
2017 Avg (December) 2.1226

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1106 2.0463 2.0738
February 2.0981 2.0558 2.0780
March 2.0807 2.0305 2.0553
April 2.0857 2.0544 2.0665
May 2.0965 2.0453 2.0621
June 2.0492 2.0172 2.0330
July 2.0650 2.0211 2.0446
August 2.1045 2.0479 2.0731
September 2.1102 2.0311 2.0713
October 2.0460 2.0204 2.0332
November 2.0931 2.0398 2.0672
December 2.1595 2.0745 2.1128