YEARLY HIGH
0.0170 NOK
YEARLY LOW
0.0148 NOK
YEARLY AVERAGE
0.0158 NOK

2018 SYP to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SYP to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 0.0170. Conversely, the yearly low was recorded on February 1, dropping to 0.0148.

This high-to-low spread represents a total annual volatility of 0.0022 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0154 to the December average rate of 0.0168, the exchange rate registered a net change of 9.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0170 was down 58.02% compared to the 2017 peak of 0.0406, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 85 NOK
2017 Average 150 NOK
Yearly Trough Low 74 NOK
Transaction Impact: A difference of 10.98 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0169
0.0149
JanuMarcMayJulySeptNove

SYP 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 0.0154, compared to 0.0162 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0154
H2 Avg (Jul–Dec) 0.0162

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0010 NOK (High: 0.0159 / Low: 0.0149). On the other end, June was the most stable month, with a tight range of 0.0004 NOK (High: 0.0159 / Low: 0.0156).

January Spread (Volatile) ±0.0010
June Spread (Stable) ±0.0004

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 0.0002 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.0168) against the same month in 2017 (average: 0.0161), the exchange rate shifted by +0.0006 (+3.88%).

2018 Avg (December) 0.0168
2017 Avg (December) 0.0161

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0159 0.0149 0.0154
February 0.0155 0.0148 0.0152
March 0.0153 0.0149 0.0151
April 0.0156 0.0151 0.0152
May 0.0161 0.0155 0.0157
June 0.0159 0.0156 0.0158
July 0.0160 0.0156 0.0158
August 0.0165 0.0159 0.0162
September 0.0164 0.0157 0.0160
October 0.0164 0.0158 0.0160
November 0.0167 0.0162 0.0165
December 0.0170 0.0165 0.0168