2019 HKD to NOK Historical Review

YEARLY HIGH

1.1780 NOK

YEARLY LOW

1.0736 NOK

YEARLY AVERAGE

1.1229 NOK

2019 HKD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the HKD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 1.1780. Conversely, the yearly low was recorded on January 30, dropping to 1.0736.

This high-to-low spread represents a total annual volatility of 0.1044 NOK. From a start-to-finish perspective, comparing the January average rate of 1.0907 to the December average rate of 1.1553, the exchange rate registered a net change of 5.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.1780 was up 5.20% compared to the 2018 peak of 1.1198, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 29,449 NOK

2018 Average 25,971 NOK

Yearly Trough Low 26,840 NOK

Transaction Impact: A difference of 2,609.36 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.1758

1.0829

JanuMarcMayJulySeptNove

HKD 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 1.0980, compared to 1.1478 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0498 points.

H1 Avg (Jan–Jun) 1.0980

H2 Avg (Jul–Dec) 1.1478

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0478 NOK (High: 1.1214 / Low: 1.0736). On the other end, May was the most stable month, with a tight range of 0.0154 NOK (High: 1.1203 / Low: 1.1048).

January Spread (Volatile) ±0.0478

May Spread (Stable) ±0.0154

Growth Streaks & Declines

Trends

Between June and November, 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 November and December, when the average rate fell by 0.0127 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0127

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 1.1680) against the same month in 2018 (average: 1.0827), the exchange rate shifted by +0.0854 (+7.88%).

2019 Avg (November) 1.1680

2018 Avg (November) 1.0827

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1214	1.0736	1.0907
February	1.1101	1.0753	1.0939
March	1.1181	1.0768	1.0959
April	1.1077	1.0822	1.0921
May	1.1203	1.1048	1.1135
June	1.1175	1.0860	1.1021
July	1.1319	1.0904	1.1030
August	1.1631	1.1304	1.1434
September	1.1622	1.1384	1.1508
October	1.1771	1.1569	1.1664
November	1.1780	1.1601	1.1680
December	1.1763	1.1313	1.1553