2019 BND to NOK Historical Review

YEARLY HIGH

6.7725 NOK

YEARLY LOW

5.3430 NOK

YEARLY AVERAGE

6.4166 NOK

2019 BND to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BND to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 6.7725. Conversely, the yearly low was recorded on January 30, dropping to 5.3430.

This high-to-low spread represents a total annual volatility of 1.4295 NOK. From a start-to-finish perspective, comparing the January average rate of 5.4560 to the December average rate of 6.6468, the exchange rate registered a net change of 21.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 6.7725 was up 8.43% compared to the 2018 peak of 6.2457, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 33,863 NOK

2018 Average 28,972 NOK

Yearly Trough Low 26,715 NOK

Transaction Impact: A difference of 7,147.32 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

6.8437

5.3298

JanuMarcMayJulySeptNove

BND 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 6.2124, compared to 6.6208 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4084 points.

H1 Avg (Jan–Jun) 6.2124

H2 Avg (Jul–Dec) 6.6208

Volatility Range Comparison

Volatility

The most volatile month in 2019 was February, with a trading range of 1.0964 NOK (High: 6.4496 / Low: 5.3532). On the other end, November was the most stable month, with a tight range of 0.0880 NOK (High: 6.7623 / Low: 6.6743).

February Spread (Volatile) ±1.0964

November Spread (Stable) ±0.0880

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0838 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0838

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2019: 6.6777) against the same month in 2018 (average: 5.8653), the exchange rate shifted by +0.8125 (+13.85%).

2019 Avg (October) 6.6777

2018 Avg (October) 5.8653

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.3052	5.3430	5.4560
February	6.4496	5.3532	6.2589
March	6.4980	6.2572	6.3680
April	6.4305	6.2722	6.3416
May	6.5111	6.3236	6.4668
June	6.4831	6.2799	6.3829
July	6.5607	6.3074	6.3784
August	6.7527	6.5658	6.6359
September	6.7479	6.5588	6.6683
October	6.7725	6.5809	6.6777
November	6.7623	6.6743	6.7175
December	6.7499	6.5137	6.6468