YEARLY HIGH
0.1814 NOK
YEARLY LOW
0.1701 NOK
YEARLY AVERAGE
0.1756 NOK

2019 GMD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GMD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 9, valuing the pair at 0.1814. Conversely, the yearly low was recorded on January 30, dropping to 0.1701.

This high-to-low spread represents a total annual volatility of 0.0113 NOK. From a start-to-finish perspective, comparing the January average rate of 0.1728 to the December average rate of 0.1757, the exchange rate registered a net change of 1.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1814 was up 2.02% compared to the 2018 peak of 0.1778, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 907 NOK
2018 Average 846 NOK
Yearly Trough Low 851 NOK
Transaction Impact: A difference of 56.27 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1810
0.1720
JanuMarcMayJulySeptNove

GMD 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 0.1737, compared to 0.1775 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0038 points.

H1 Avg (Jan–Jun) 0.1737
H2 Avg (Jul–Dec) 0.1775

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0081 NOK (High: 0.1799 / Low: 0.1718). On the other end, October was the most stable month, with a tight range of 0.0022 NOK (High: 0.1814 / Low: 0.1791).

December Spread (Volatile) ±0.0081
October Spread (Stable) ±0.0022

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 0.0030 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2019: 0.1803) against the same month in 2018 (average: 0.1669), the exchange rate shifted by +0.0133 (+7.99%).

2019 Avg (October) 0.1803
2018 Avg (October) 0.1669

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1779 0.1701 0.1728
February 0.1758 0.1704 0.1733
March 0.1772 0.1701 0.1734
April 0.1751 0.1713 0.1728
May 0.1775 0.1744 0.1761
June 0.1772 0.1707 0.1740
July 0.1774 0.1712 0.1728
August 0.1807 0.1770 0.1788
September 0.1810 0.1769 0.1790
October 0.1814 0.1791 0.1803
November 0.1802 0.1771 0.1786
December 0.1799 0.1718 0.1757