YEARLY HIGH
2.3370 NOK
YEARLY LOW
2.0380 NOK
YEARLY AVERAGE
2.1702 NOK

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.

Transfer Payout Power Comparison

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

Yearly Peak High 11,685 NOK
2017 Average 11,023 NOK
Yearly Trough Low 10,190 NOK
Transaction Impact: A difference of 1,495.27 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.3246
2.0484
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 2.1141
H2 Avg (Jul–Dec) 2.2262

Volatility Range Comparison

Volatility

The 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).

January Spread (Volatile) ±0.1366
June Spread (Stable) ±0.0488

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0230

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2018 Avg (December) 2.3015
2017 Avg (December) 2.2163

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