YEARLY HIGH
0.0312 NOK
YEARLY LOW
0.0295 NOK
YEARLY AVERAGE
0.0303 NOK

2019 HUF to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the HUF to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 31, valuing the pair at 0.0312. Conversely, the yearly low was recorded on July 16, dropping to 0.0295.

This high-to-low spread represents a total annual volatility of 0.0017 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0306 to the December average rate of 0.0303, the exchange rate registered a net change of -0.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0312 was down 1.61% compared to the 2018 peak of 0.0317, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 31,200 NOK
2018 Average 30,142 NOK
Yearly Trough Low 29,494 NOK
Transaction Impact: A difference of 1,705.44 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0308
0.0296
JanuMarcMayJulySeptNove

HUF 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 0.0304, compared to 0.0302 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0304
H2 Avg (Jul–Dec) 0.0302

Volatility Range Comparison

Volatility

The most volatile month in 2019 was October, with a trading range of 0.0015 NOK (High: 0.0312 / Low: 0.0297). On the other end, April was the most stable month, with a tight range of 0.0003 NOK (High: 0.0301 / Low: 0.0298).

October Spread (Volatile) ±0.0015
April Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0008 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2019: 0.0305) against the same month in 2018 (average: 0.0293), the exchange rate shifted by +0.0013 (+4.29%).

2019 Avg (October) 0.0305
2018 Avg (October) 0.0293

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0309 0.0302 0.0306
February 0.0308 0.0305 0.0306
March 0.0312 0.0301 0.0307
April 0.0301 0.0298 0.0300
May 0.0304 0.0298 0.0301
June 0.0306 0.0298 0.0302
July 0.0301 0.0295 0.0297
August 0.0308 0.0301 0.0305
September 0.0303 0.0296 0.0299
October 0.0312 0.0297 0.0305
November 0.0310 0.0300 0.0303
December 0.0308 0.0297 0.0303