it means that and event was so boring that it seemed like it took forever
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Figuratively speaking, it means that he had such an vivacious , animate life and was always doing one thing or another to fill his time that he therefore , comparatively accomplished in a minute what would take all others a year. More literally, (which probably isn't the what you are asking , but i shall include it just in case,) it could mean that either he aged the equivalent of a year in a minute; or he had the ability to live a whole year in a minute (possibly the time difference between parallel universes).
1 year = 525600 minute 18 year = 9460800 minute
* Fast Approximation: 1 day = 24 (hour) x 60 (min/hour) = 1440 minute 1 year = 365 (day) x 1440 (min/day) = 525600 minute 12 year = 12 (year) x 525600 (min/year) = 6 307 200 minute * Considering 3 leap years in between: 3 x 24 (hour) x 60 (min/hour) = 4320 minute 12 year (+ leap years) = 6 311 520 minute * Considering the mean tropical year (365 days + 5hs + 48m + 45s) 12 (tropical years) = 6 311 385 minute
Not in most Australian schools
No number of meters equals one minute, unless possibly minutes of longitude are meant. Normally, minutes measure time and meter measures distance, which are incommensurable (incompatible) categories.