YEARLY HIGH
0.6766 NOK
YEARLY LOW
0.5420 NOK
YEARLY AVERAGE
0.6177 NOK

2018 SZL to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SZL to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 0.6766. Conversely, the yearly low was recorded on September 5, dropping to 0.5420.

This high-to-low spread represents a total annual volatility of 0.1346 NOK. From a start-to-finish perspective, comparing the January average rate of 0.6482 to the December average rate of 0.6066, the exchange rate registered a net change of -6.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.6766 was down 0.40% compared to the 2017 peak of 0.6793, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,383 NOK
2017 Average 3,109 NOK
Yearly Trough Low 2,710 NOK
Transaction Impact: A difference of 673.11 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.6718
0.5500
JanuMarcMayJulySeptNove

SZL 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 0.6455, compared to 0.5899 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0556 points.

H1 Avg (Jan–Jun) 0.6455
H2 Avg (Jul–Dec) 0.5899

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 0.0542 NOK (High: 0.6456 / Low: 0.5914). On the other end, April was the most stable month, with a tight range of 0.0253 NOK (High: 0.6653 / Low: 0.6401).

June Spread (Volatile) ±0.0542
April Spread (Stable) ±0.0253

Growth Streaks & Declines

Trends

Between September and December, 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 0.0355 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0355

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.6617) against the same month in 2017 (average: 0.6309), the exchange rate shifted by +0.0307 (+4.87%).

2018 Avg (February) 0.6617
2017 Avg (February) 0.6309

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6673 0.6390 0.6482
February 0.6766 0.6406 0.6617
March 0.6718 0.6410 0.6557
April 0.6653 0.6401 0.6489
May 0.6585 0.6309 0.6457
June 0.6456 0.5914 0.6128
July 0.6226 0.5899 0.6065
August 0.6210 0.5727 0.5957
September 0.5774 0.5420 0.5602
October 0.5855 0.5556 0.5689
November 0.6252 0.5747 0.6016
December 0.6263 0.5957 0.6066