YEARLY HIGH
30.3738 NOK
YEARLY LOW
27.7762 NOK
YEARLY AVERAGE
28.9547 NOK

2019 KWD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the KWD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 30.3738. Conversely, the yearly low was recorded on January 30, dropping to 27.7762.

This high-to-low spread represents a total annual volatility of 2.5976 NOK. From a start-to-finish perspective, comparing the January average rate of 28.2117 to the December average rate of 29.7013, the exchange rate registered a net change of 5.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 30.3738 was up 5.28% compared to the 2018 peak of 28.8504, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 151,869 NOK
2018 Average 134,754 NOK
Yearly Trough Low 138,881 NOK
Transaction Impact: A difference of 12,988.20 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

30.2986
27.9602
JanuMarcMayJulySeptNove

KWD 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 28.3450, compared to 29.5644 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2194 points.

H1 Avg (Jan–Jun) 28.3450
H2 Avg (Jul–Dec) 29.5644

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 1.2495 NOK (High: 30.2819 / Low: 29.0325). On the other end, November was the most stable month, with a tight range of 0.3998 NOK (High: 30.3123 / Low: 29.9125).

December Spread (Volatile) ±1.2495
November Spread (Stable) ±0.3998

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 0.4020 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.4020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2019: 30.1037) against the same month in 2018 (average: 27.2230), the exchange rate shifted by +2.8807 (+10.58%).

2019 Avg (October) 30.1037
2018 Avg (October) 27.2230

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 28.9533 27.7762 28.2117
February 28.7399 27.8321 28.2776
March 28.8756 27.8607 28.3160
April 28.5673 27.9038 28.1550
May 28.8957 28.4758 28.7212
June 28.8101 27.9178 28.3886
July 29.0961 28.0344 28.3179
August 30.0485 29.1581 29.4844
September 30.0074 29.3558 29.6758
October 30.3738 29.8751 30.1037
November 30.3123 29.9125 30.1033
December 30.2819 29.0325 29.7013