YEARLY HIGH
0.6423 NOK
YEARLY LOW
0.5458 NOK
YEARLY AVERAGE
0.5978 NOK

2018 SCR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SCR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.6423. Conversely, the yearly low was recorded on February 1, dropping to 0.5458.

This high-to-low spread represents a total annual volatility of 0.0965 NOK. From a start-to-finish perspective, comparing the January average rate of 0.5684 to the December average rate of 0.6314, the exchange rate registered a net change of 11.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.6423 was down 2.95% compared to the 2017 peak of 0.6618, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,211 NOK
2017 Average 3,045 NOK
Yearly Trough Low 2,729 NOK
Transaction Impact: A difference of 482.61 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.6377
0.5621
JanuMarcMayJulySeptNove

SCR 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 0.5828, compared to 0.6128 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0299 points.

H1 Avg (Jan–Jun) 0.5828
H2 Avg (Jul–Dec) 0.6128

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0529 NOK (High: 0.6213 / Low: 0.5684). On the other end, July was the most stable month, with a tight range of 0.0151 NOK (High: 0.6074 / Low: 0.5923).

September Spread (Volatile) ±0.0529
July Spread (Stable) ±0.0151

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 August and September, when the average rate fell by 0.0090 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0090

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.6314) against the same month in 2017 (average: 0.5968), the exchange rate shifted by +0.0347 (+5.81%).

2018 Avg (December) 0.6314
2017 Avg (December) 0.5968

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5841 0.5496 0.5684
February 0.5930 0.5458 0.5756
March 0.5837 0.5540 0.5695
April 0.5956 0.5649 0.5823
May 0.6164 0.5725 0.6002
June 0.6088 0.5910 0.6010
July 0.6074 0.5923 0.6003
August 0.6241 0.6019 0.6139
September 0.6213 0.5684 0.6049
October 0.6184 0.5922 0.6052
November 0.6303 0.6117 0.6209
December 0.6423 0.6194 0.6314