YEARLY HIGH
2.1616 NOK
YEARLY LOW
1.2040 NOK
YEARLY AVERAGE
1.7283 NOK

2018 TRY to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TRY to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2.1616. Conversely, the yearly low was recorded on August 13, dropping to 1.2040.

This high-to-low spread represents a total annual volatility of 0.9575 NOK. From a start-to-finish perspective, comparing the January average rate of 2.0970 to the December average rate of 1.6260, the exchange rate registered a net change of -22.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.1616 was down 11.78% compared to the 2017 peak of 2.4501, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 108,078 NOK
2017 Average 113,490 NOK
Yearly Trough Low 60,201 NOK
Transaction Impact: A difference of 47,877.20 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.1758
1.2295
JanuMarcMayJulySeptNove

TRY 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 1.9466, compared to 1.5100 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4366 points.

H1 Avg (Jan–Jun) 1.9466
H2 Avg (Jul–Dec) 1.5100

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.4361 NOK (High: 1.6401 / Low: 1.2040). On the other end, February was the most stable month, with a tight range of 0.0433 NOK (High: 2.0896 / Low: 2.0463).

August Spread (Volatile) ±0.4361
February Spread (Stable) ±0.0433

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 July and August, when the average rate fell by 0.2885 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2885

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 2.0970) against the same month in 2017 (average: 2.2640), the exchange rate shifted by -0.1670 (-7.38%).

2018 Avg (January) 2.0970
2017 Avg (January) 2.2640

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1616 2.0362 2.0970
February 2.0896 2.0463 2.0700
March 2.0585 1.9348 1.9961
April 1.9861 1.8735 1.9315
May 1.9684 1.7026 1.8308
June 1.8008 1.7153 1.7541
July 1.7743 1.6576 1.7048
August 1.6401 1.2040 1.4164
September 1.3574 1.2588 1.3084
October 1.5367 1.3330 1.4226
November 1.6511 1.5127 1.5817
December 1.6573 1.5792 1.6260