YEARLY HIGH
1.1761 NOK
YEARLY LOW
1.0233 NOK
YEARLY AVERAGE
1.0908 NOK

2018 SRD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SRD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 1.1761. Conversely, the yearly low was recorded on February 1, dropping to 1.0233.

This high-to-low spread represents a total annual volatility of 0.1529 NOK. From a start-to-finish perspective, comparing the January average rate of 1.0599 to the December average rate of 1.1577, the exchange rate registered a net change of 9.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 1.1761 was up 0.90% compared to the 2017 peak of 1.1657, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,881 NOK
2017 Average 5,521 NOK
Yearly Trough Low 5,116 NOK
Transaction Impact: A difference of 764.34 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1.1695
1.0285
JanuMarcMayJulySeptNove

SRD 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 1.0619, compared to 1.1197 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0578 points.

H1 Avg (Jan–Jun) 1.0619
H2 Avg (Jul–Dec) 1.1197

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0702 NOK (High: 1.0991 / Low: 1.0289). On the other end, June was the most stable month, with a tight range of 0.0242 NOK (High: 1.0971 / Low: 1.0728).

January Spread (Volatile) ±0.0702
June Spread (Stable) ±0.0242

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 0.0116 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0116

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 1.1577) against the same month in 2017 (average: 1.1149), the exchange rate shifted by +0.0429 (+3.84%).

2018 Avg (December) 1.1577
2017 Avg (December) 1.1149

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0991 1.0289 1.0599
February 1.0683 1.0233 1.0492
March 1.0527 1.0276 1.0402
April 1.0728 1.0391 1.0506
May 1.1104 1.0700 1.0843
June 1.0971 1.0728 1.0872
July 1.1083 1.0753 1.0904
August 1.1372 1.0959 1.1187
September 1.1333 1.0868 1.1072
October 1.1308 1.0920 1.1075
November 1.1527 1.1187 1.1365
December 1.1761 1.1399 1.1577