YEARLY HIGH
0.1304 NOK
YEARLY LOW
0.1180 NOK
YEARLY AVERAGE
0.1250 NOK

2019 BTN to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the BTN to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 0.1304. Conversely, the yearly low was recorded on February 4, dropping to 0.1180.

This high-to-low spread represents a total annual volatility of 0.0123 NOK. From a start-to-finish perspective, comparing the January average rate of 0.1211 to the December average rate of 0.1267, the exchange rate registered a net change of 4.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1304 was up 1.35% compared to the 2018 peak of 0.1286, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 652 NOK
2018 Average 596 NOK
Yearly Trough Low 590 NOK
Transaction Impact: A difference of 61.75 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1296
0.1199
JanuMarcMayJulySeptNove

BTN 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 0.1231, compared to 0.1270 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0039 points.

H1 Avg (Jan–Jun) 0.1231
H2 Avg (Jul–Dec) 0.1270

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0070 NOK (High: 0.1252 / Low: 0.1182). On the other end, May was the most stable month, with a tight range of 0.0023 NOK (High: 0.1262 / Low: 0.1239).

January Spread (Volatile) ±0.0070
May Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between June and October, 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 November and December, when the average rate fell by 0.0013 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2019: 0.1288) against the same month in 2018 (average: 0.1122), the exchange rate shifted by +0.0166 (+14.77%).

2019 Avg (October) 0.1288
2018 Avg (October) 0.1122

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1252 0.1182 0.1211
February 0.1225 0.1180 0.1207
March 0.1256 0.1209 0.1238
April 0.1253 0.1220 0.1233
May 0.1262 0.1239 0.1253
June 0.1260 0.1222 0.1242
July 0.1288 0.1238 0.1254
August 0.1289 0.1247 0.1265
September 0.1286 0.1242 0.1266
October 0.1304 0.1276 0.1288
November 0.1298 0.1266 0.1280
December 0.1294 0.1234 0.1267