YEARLY HIGH
0.0926 NOK
YEARLY LOW
0.0864 NOK
YEARLY AVERAGE
0.0890 NOK

2019 CVE to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the CVE to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 0.0926. Conversely, the yearly low was recorded on April 10, dropping to 0.0864.

This high-to-low spread represents a total annual volatility of 0.0062 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0883 to the December average rate of 0.0904, the exchange rate registered a net change of 2.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0926 was up 2.27% compared to the 2018 peak of 0.0906, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 463 NOK
2018 Average 434 NOK
Yearly Trough Low 432 NOK
Transaction Impact: A difference of 31.15 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0918
0.0866
JanuMarcMayJulySeptNove

CVE 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 0.0880, compared to 0.0901 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0880
H2 Avg (Jul–Dec) 0.0901

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0041 NOK (High: 0.0910 / Low: 0.0869). On the other end, April was the most stable month, with a tight range of 0.0011 NOK (High: 0.0875 / Low: 0.0864).

January Spread (Volatile) ±0.0041
April Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0009 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2019: 0.0914) against the same month in 2018 (average: 0.0858), the exchange rate shifted by +0.0056 (+6.54%).

2019 Avg (October) 0.0914
2018 Avg (October) 0.0858

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0910 0.0869 0.0883
February 0.0892 0.0875 0.0882
March 0.0896 0.0869 0.0879
April 0.0875 0.0864 0.0870
May 0.0891 0.0877 0.0884
June 0.0890 0.0869 0.0879
July 0.0894 0.0869 0.0876
August 0.0914 0.0895 0.0903
September 0.0908 0.0891 0.0899
October 0.0926 0.0902 0.0914
November 0.0920 0.0907 0.0913
December 0.0920 0.0885 0.0904