YEARLY HIGH
1.0019 NOK
YEARLY LOW
0.9007 NOK
YEARLY AVERAGE
0.9367 NOK

2018 SEK to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SEK to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1.0019. Conversely, the yearly low was recorded on October 10, dropping to 0.9007.

This high-to-low spread represents a total annual volatility of 0.1012 NOK. From a start-to-finish perspective, comparing the January average rate of 0.9828 to the December average rate of 0.9554, the exchange rate registered a net change of -2.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.0019 was down 0.15% compared to the 2017 peak of 1.0033, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,009 NOK
2017 Average 4,842 NOK
Yearly Trough Low 4,503 NOK
Transaction Impact: A difference of 505.88 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.9897
0.9061
JanuMarcMayJulySeptNove

SEK 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 0.9455, compared to 0.9278 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0177 points.

H1 Avg (Jan–Jun) 0.9455
H2 Avg (Jul–Dec) 0.9278

Volatility Range Comparison

Volatility

The most volatile month in 2018 was February, with a trading range of 0.0332 NOK (High: 0.9859 / Low: 0.9527). On the other end, March was the most stable month, with a tight range of 0.0133 NOK (High: 0.9509 / Low: 0.9376).

February Spread (Volatile) ±0.0332
March Spread (Stable) ±0.0133

Growth Streaks & Declines

Trends

Between October and December, 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 February and March, when the average rate fell by 0.0311 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0311

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.9828) against the same month in 2017 (average: 0.9461), the exchange rate shifted by +0.0367 (+3.88%).

2018 Avg (January) 0.9828
2017 Avg (January) 0.9461

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0019 0.9764 0.9828
February 0.9859 0.9527 0.9737
March 0.9509 0.9376 0.9426
April 0.9405 0.9160 0.9271
May 0.9346 0.9107 0.9251
June 0.9319 0.9070 0.9220
July 0.9293 0.9112 0.9215
August 0.9280 0.9121 0.9198
September 0.9331 0.9120 0.9216
October 0.9204 0.9007 0.9131
November 0.9469 0.9225 0.9355
December 0.9721 0.9402 0.9554