YEARLY HIGH
0.4362 AED
YEARLY LOW
0.3980 AED
YEARLY AVERAGE
0.4178 AED

2019 NOK to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on January 30, valuing the pair at 0.4362. Conversely, the yearly low was recorded on October 29, dropping to 0.3980.

This high-to-low spread represents a total annual volatility of 0.0382 AED. From a start-to-finish perspective, comparing the January average rate of 0.4295 to the December average rate of 0.4074, the exchange rate registered a net change of -5.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.4362 was down 9.24% compared to the 2018 peak of 0.4807, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,181 AED
2018 Average 2,258 AED
Yearly Trough Low 1,990 AED
Transaction Impact: A difference of 191.07 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.4323
0.3988
JanuMarcMayJulySeptNove

NOK to AED 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 0.4266, compared to 0.4090 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0176 points.

H1 Avg (Jan–Jun) 0.4266
H2 Avg (Jul–Dec) 0.4090

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0182 AED (High: 0.4362 / Low: 0.4180). On the other end, November was the most stable month, with a tight range of 0.0060 AED (High: 0.4043 / Low: 0.3983).

January Spread (Volatile) ±0.0182
November Spread (Stable) ±0.0060

Growth Streaks & Declines

Trends

Between May and July, 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 July and August, when the average rate fell by 0.0166 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0166

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.4295) against the same month in 2018 (average: 0.4646), the exchange rate shifted by -0.0351 (-7.56%).

2019 Avg (January) 0.4295
2018 Avg (January) 0.4646

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4362 0.4180 0.4295
February 0.4354 0.4216 0.4279
March 0.4346 0.4185 0.4270
April 0.4328 0.4228 0.4287
May 0.4238 0.4177 0.4203
June 0.4331 0.4193 0.4259
July 0.4308 0.4146 0.4263
August 0.4142 0.4027 0.4097
September 0.4116 0.4030 0.4074
October 0.4048 0.3980 0.4016
November 0.4043 0.3983 0.4017
December 0.4169 0.3989 0.4074