2019 JOD to NOK Historical Review

YEARLY HIGH

13.0116 NOK

YEARLY LOW

11.8660 NOK

YEARLY AVERAGE

12.4092 NOK

2019 JOD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the JOD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 13.0116. Conversely, the yearly low was recorded on January 30, dropping to 11.8660.

This high-to-low spread represents a total annual volatility of 1.1456 NOK. From a start-to-finish perspective, comparing the January average rate of 12.0509 to the December average rate of 12.7162, the exchange rate registered a net change of 5.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 13.0116 was up 5.34% compared to the 2018 peak of 12.3524, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 65,058 NOK

2018 Average 57,373 NOK

Yearly Trough Low 59,330 NOK

Transaction Impact: A difference of 5,728.04 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

12.9913

11.9654

JanuMarcMayJulySeptNove

JOD 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 12.1438, compared to 12.6747 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5309 points.

H1 Avg (Jan–Jun) 12.1438

H2 Avg (Jul–Dec) 12.6747

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.5587 NOK (High: 12.9793 / Low: 12.4206). On the other end, May was the most stable month, with a tight range of 0.1784 NOK (High: 12.4032 / Low: 12.2248).

December Spread (Volatile) ±0.5587

May Spread (Stable) ±0.1784

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 0.1813 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1813

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2019: 12.9058) against the same month in 2018 (average: 11.6413), the exchange rate shifted by +1.2645 (+10.86%).

2019 Avg (October) 12.9058

2018 Avg (October) 11.6413

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.3826	11.8660	12.0509
February	12.2788	11.8990	12.1009
March	12.3739	11.9197	12.1321
April	12.2541	11.9769	12.0859
May	12.4032	12.2248	12.3264
June	12.3545	11.9624	12.1664
July	12.4963	12.0273	12.1544
August	12.8648	12.5079	12.6525
September	12.8555	12.5873	12.7217
October	13.0116	12.7989	12.9058
November	12.9970	12.8140	12.8975
December	12.9793	12.4206	12.7162