YEARLY HIGH
1.3362 NOK
YEARLY LOW
1.2203 NOK
YEARLY AVERAGE
1.2731 NOK

2019 BOB to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BOB to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 1.3362. Conversely, the yearly low was recorded on January 30, dropping to 1.2203.

This high-to-low spread represents a total annual volatility of 0.1159 NOK. From a start-to-finish perspective, comparing the January average rate of 1.2379 to the December average rate of 1.3045, the exchange rate registered a net change of 5.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.3362 was up 5.26% compared to the 2018 peak of 1.2695, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,681 NOK
2018 Average 5,892 NOK
Yearly Trough Low 6,102 NOK
Transaction Impact: A difference of 579.37 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.3315
1.2294
JanuMarcMayJulySeptNove

BOB 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 1.2462, compared to 1.3000 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0538 points.

H1 Avg (Jan–Jun) 1.2462
H2 Avg (Jul–Dec) 1.3000

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0584 NOK (High: 1.3343 / Low: 1.2759). On the other end, May was the most stable month, with a tight range of 0.0179 NOK (High: 1.2727 / Low: 1.2548).

December Spread (Volatile) ±0.0584
May Spread (Stable) ±0.0179

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 0.0181 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0181

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 1.3226) against the same month in 2018 (average: 1.2275), the exchange rate shifted by +0.0951 (+7.75%).

2019 Avg (November) 1.3226
2018 Avg (November) 1.2275

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2710 1.2203 1.2379
February 1.2602 1.2207 1.2420
March 1.2707 1.2236 1.2453
April 1.2603 1.2243 1.2388
May 1.2727 1.2548 1.2649
June 1.2736 1.2269 1.2482
July 1.2817 1.2332 1.2467
August 1.3228 1.2824 1.2983
September 1.3191 1.2907 1.3048
October 1.3348 1.3128 1.3230
November 1.3362 1.3141 1.3226
December 1.3343 1.2759 1.3045