YEARLY HIGH
0.0258 NOK
YEARLY LOW
0.0236 NOK
YEARLY AVERAGE
0.0246 NOK

2019 MRO to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MRO to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 0.0258. Conversely, the yearly low was recorded on January 30, dropping to 0.0236.

This high-to-low spread represents a total annual volatility of 0.0023 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0240 to the December average rate of 0.0253, the exchange rate registered a net change of 5.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0258 was down 35.03% compared to the 2018 peak of 0.0398, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 129 NOK
2018 Average 115 NOK
Yearly Trough Low 118 NOK
Transaction Impact: A difference of 11.31 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0258
0.0238
JanuMarcMayJulySeptNove

MRO 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 0.0241, compared to 0.0252 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0241
H2 Avg (Jul–Dec) 0.0252

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0011 NOK (High: 0.0258 / Low: 0.0247). On the other end, May was the most stable month, with a tight range of 0.0004 NOK (High: 0.0246 / Low: 0.0243).

December Spread (Volatile) ±0.0011
May Spread (Stable) ±0.0004

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 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2019: 0.0256) against the same month in 2018 (average: 0.0242), the exchange rate shifted by +0.0014 (+5.83%).

2019 Avg (October) 0.0256
2018 Avg (October) 0.0242

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0246 0.0236 0.0240
February 0.0244 0.0236 0.0240
March 0.0246 0.0237 0.0241
April 0.0243 0.0238 0.0240
May 0.0246 0.0243 0.0245
June 0.0245 0.0238 0.0242
July 0.0248 0.0239 0.0241
August 0.0255 0.0248 0.0251
September 0.0255 0.0250 0.0253
October 0.0258 0.0254 0.0256
November 0.0258 0.0254 0.0256
December 0.0258 0.0247 0.0253