2019 ETB to NOK Historical Review

YEARLY HIGH

0.3131 NOK

YEARLY LOW

0.2760 NOK

YEARLY AVERAGE

0.3013 NOK

2019 ETB to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ETB to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 17, valuing the pair at 0.3131. Conversely, the yearly low was recorded on December 31, dropping to 0.2760.

This high-to-low spread represents a total annual volatility of 0.0371 NOK. From a start-to-finish perspective, comparing the January average rate of 0.3016 to the December average rate of 0.2865, the exchange rate registered a net change of -5.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.3131 was down 0.06% compared to the 2018 peak of 0.3133, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,565 NOK

2018 Average 1,471 NOK

Yearly Trough Low 1,380 NOK

Transaction Impact: A difference of 185.64 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.3118

0.2842

JanuMarcMayJulySeptNove

ETB 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 0.3004, compared to 0.3022 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.3004

H2 Avg (Jul–Dec) 0.3022

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0250 NOK (High: 0.3010 / Low: 0.2760). On the other end, October was the most stable month, with a tight range of 0.0063 NOK (High: 0.3131 / Low: 0.3068).

December Spread (Volatile) ±0.0250

October Spread (Stable) ±0.0063

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 November and December, when the average rate fell by 0.0192 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0192

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2019: 0.3095) against the same month in 2018 (average: 0.2963), the exchange rate shifted by +0.0132 (+4.47%).

2019 Avg (October) 0.3095

2018 Avg (October) 0.2963

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3117	0.2964	0.3016
February	0.3055	0.2960	0.3015
March	0.3088	0.2962	0.3014
April	0.3036	0.2936	0.2975
May	0.3051	0.2987	0.3025
June	0.3049	0.2932	0.2979
July	0.3063	0.2935	0.2975
August	0.3126	0.3040	0.3074
September	0.3127	0.3035	0.3069
October	0.3131	0.3068	0.3095
November	0.3099	0.3000	0.3057
December	0.3010	0.2760	0.2865