YEARLY HIGH
0.0581 NOK
YEARLY LOW
0.0473 NOK
YEARLY AVERAGE
0.0494 NOK

2019 DJF to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the DJF to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 0.0581. Conversely, the yearly low was recorded on January 30, dropping to 0.0473.

This high-to-low spread represents a total annual volatility of 0.0108 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0484 to the December average rate of 0.0507, the exchange rate registered a net change of 4.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0581 was up 17.96% compared to the 2018 peak of 0.0493, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 291 NOK
2018 Average 229 NOK
Yearly Trough Low 236 NOK
Transaction Impact: A difference of 54.10 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0517
0.0478
JanuMarcMayJulySeptNove

DJF 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 0.0484, compared to 0.0505 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0484
H2 Avg (Jul–Dec) 0.0505

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0108 NOK (High: 0.0581 / Low: 0.0473). On the other end, May was the most stable month, with a tight range of 0.0007 NOK (High: 0.0494 / Low: 0.0487).

January Spread (Volatile) ±0.0108
May Spread (Stable) ±0.0007

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 0.0007 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.0484) against the same month in 2018 (average: 0.0442), the exchange rate shifted by +0.0041 (+9.28%).

2019 Avg (January) 0.0484
2018 Avg (January) 0.0442

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0581 0.0473 0.0484
February 0.0489 0.0474 0.0482
March 0.0493 0.0475 0.0483
April 0.0488 0.0477 0.0481
May 0.0494 0.0487 0.0491
June 0.0492 0.0476 0.0485
July 0.0498 0.0479 0.0484
August 0.0512 0.0498 0.0504
September 0.0512 0.0501 0.0507
October 0.0518 0.0510 0.0514
November 0.0518 0.0510 0.0514
December 0.0517 0.0495 0.0507