YEARLY HIGH
0.1179 NOK
YEARLY LOW
0.1045 NOK
YEARLY AVERAGE
0.1130 NOK

2019 AFN to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the AFN to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 0.1179. Conversely, the yearly low was recorded on June 27, dropping to 0.1045.

This high-to-low spread represents a total annual volatility of 0.0135 NOK. From a start-to-finish perspective, comparing the January average rate of 0.1133 to the December average rate of 0.1148, the exchange rate registered a net change of 1.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1179 was down 10.63% compared to the 2018 peak of 0.1320, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 590 NOK
2018 Average 562 NOK
Yearly Trough Low 522 NOK
Transaction Impact: A difference of 67.33 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1178
0.1063
JanuMarcMayJulySeptNove

AFN 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 0.1119, compared to 0.1142 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.1119
H2 Avg (Jul–Dec) 0.1142

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0059 NOK (High: 0.1103 / Low: 0.1045). On the other end, November was the most stable month, with a tight range of 0.0015 NOK (High: 0.1176 / Low: 0.1161).

June Spread (Volatile) ±0.0059
November Spread (Stable) ±0.0015

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 March and April, when the average rate fell by 0.0032 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2019: 0.1169) against the same month in 2018 (average: 0.1091), the exchange rate shifted by +0.0078 (+7.17%).

2019 Avg (October) 0.1169
2018 Avg (October) 0.1091

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1165 0.1115 0.1133
February 0.1167 0.1121 0.1146
March 0.1171 0.1119 0.1141
April 0.1131 0.1091 0.1109
May 0.1130 0.1076 0.1107
June 0.1103 0.1045 0.1076
July 0.1107 0.1052 0.1073
August 0.1170 0.1114 0.1142
September 0.1170 0.1139 0.1152
October 0.1179 0.1160 0.1169
November 0.1176 0.1161 0.1167
December 0.1171 0.1126 0.1148