YEARLY HIGH
2.5124 NOK
YEARLY LOW
2.2923 NOK
YEARLY AVERAGE
2.3953 NOK

2019 AED to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the AED to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 2.5124. Conversely, the yearly low was recorded on January 30, dropping to 2.2923.

This high-to-low spread represents a total annual volatility of 0.2201 NOK. From a start-to-finish perspective, comparing the January average rate of 2.3283 to the December average rate of 2.4549, the exchange rate registered a net change of 5.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.5124 was up 5.20% compared to the 2018 peak of 2.3882, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,562 NOK
2018 Average 11,083 NOK
Yearly Trough Low 11,462 NOK
Transaction Impact: A difference of 1,100.39 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.5064
2.3121
JanuMarcMayJulySeptNove

AED 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 2.3446, compared to 2.4461 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1015 points.

H1 Avg (Jan–Jun) 2.3446
H2 Avg (Jul–Dec) 2.4461

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.1086 NOK (High: 2.5072 / Low: 2.3986). On the other end, May was the most stable month, with a tight range of 0.0344 NOK (High: 2.3942 / Low: 2.3598).

December Spread (Volatile) ±0.1086
May Spread (Stable) ±0.0344

Growth Streaks & Declines

Trends

Between July and October, 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 November and December, when the average rate fell by 0.0346 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0346

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2019: 2.4902) against the same month in 2018 (average: 2.2488), the exchange rate shifted by +0.2414 (+10.74%).

2019 Avg (October) 2.4902
2018 Avg (October) 2.2488

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3921 2.2923 2.3283
February 2.3717 2.2969 2.3371
March 2.3894 2.3007 2.3419
April 2.3654 2.3107 2.3326
May 2.3942 2.3598 2.3791
June 2.3848 2.3090 2.3484
July 2.4121 2.3215 2.3460
August 2.4833 2.4143 2.4409
September 2.4815 2.4296 2.4549
October 2.5124 2.4706 2.4902
November 2.5106 2.4736 2.4895
December 2.5072 2.3986 2.4549