2018 SAR to NOK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 SAR to NOK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the SAR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 2.3370. Conversely, the yearly low was recorded on February 1, dropping to 2.0380.
This high-to-low spread represents a total annual volatility of 0.2991 NOK. From a start-to-finish perspective, comparing the January average rate of 2.1086 to the December average rate of 2.3015, the exchange rate registered a net change of 9.15% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 2.3370 was up 0.95% compared to the 2017 peak of 2.3150, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
SAR to NOK 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 2.1141, compared to 2.2262 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1121 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was January, with a trading range of 0.1366 NOK (High: 2.1855 / Low: 2.0488). On the other end, June was the most stable month, with a tight range of 0.0488 NOK (High: 2.1844 / Low: 2.1357).
Growth Streaks & Declines
TrendsBetween March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0230 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2018: 2.3015) against the same month in 2017 (average: 2.2163), the exchange rate shifted by +0.0853 (+3.85%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2.1855 | 2.0488 | 2.1086 |
| February | 2.1274 | 2.0380 | 2.0893 |
| March | 2.0965 | 2.0464 | 2.0714 |
| April | 2.1364 | 2.0694 | 2.0922 |
| May | 2.2111 | 2.1307 | 2.1584 |
| June | 2.1844 | 2.1357 | 2.1646 |
| July | 2.1933 | 2.1383 | 2.1683 |
| August | 2.2612 | 2.1793 | 2.2246 |
| September | 2.2537 | 2.1616 | 2.2016 |
| October | 2.2483 | 2.1710 | 2.2022 |
| November | 2.2917 | 2.2243 | 2.2592 |
| December | 2.3370 | 2.2659 | 2.3015 |