YEARLY HIGH
12.1824 NOK
YEARLY LOW
10.6287 NOK
YEARLY AVERAGE
11.2359 NOK

2019 FKP to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the FKP to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 12.1824. Conversely, the yearly low was recorded on July 29, dropping to 10.6287.

This high-to-low spread represents a total annual volatility of 1.5538 NOK. From a start-to-finish perspective, comparing the January average rate of 11.0353 to the December average rate of 11.8231, the exchange rate registered a net change of 7.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 12.1824 was up 9.32% compared to the 2018 peak of 11.1436, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 60,912 NOK
2018 Average 54,282 NOK
Yearly Trough Low 53,143 NOK
Transaction Impact: A difference of 7,768.91 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

11.9308
10.6385
JanuMarcMayJulySeptNove

FKP 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 11.1433, compared to 11.3285 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1853 points.

H1 Avg (Jan–Jun) 11.1433
H2 Avg (Jul–Dec) 11.3285

Volatility Range Comparison

Volatility

The most volatile month in 2019 was October, with a trading range of 0.6982 NOK (High: 11.8943 / Low: 11.1961). On the other end, July was the most stable month, with a tight range of 0.2265 NOK (High: 10.8551 / Low: 10.6287).

October Spread (Volatile) ±0.6982
July Spread (Stable) ±0.2265

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.2990 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.2990

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 11.8231) against the same month in 2018 (average: 10.9386), the exchange rate shifted by +0.8845 (+8.09%).

2019 Avg (December) 11.8231
2018 Avg (December) 10.9386

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.2561 10.8118 11.0353
February 11.3805 10.9900 11.1662
March 11.4894 11.0961 11.3288
April 11.2931 11.0275 11.1569
May 11.5035 11.0329 11.2356
June 11.0828 10.7817 10.9367
July 10.8551 10.6287 10.7462
August 11.0905 10.6700 10.8967
September 11.3021 10.9954 11.1421
October 11.8943 11.1961 11.5833
November 11.9210 11.6647 11.7798
December 12.1824 11.5324 11.8231