YEARLY HIGH
54.7369 AOA
YEARLY LOW
35.1577 AOA
YEARLY AVERAGE
41.3090 AOA

2019 NOK to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 54.7369. Conversely, the yearly low was recorded on January 2, dropping to 35.1577.

This high-to-low spread represents a total annual volatility of 19.5792 AOA. From a start-to-finish perspective, comparing the January average rate of 36.2742 to the December average rate of 52.8041, the exchange rate registered a net change of 45.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 54.7369 was up 47.57% compared to the 2018 peak of 37.0926, 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 273,685 AOA
2018 Average 154,259 AOA
Yearly Trough Low 175,788 AOA
Transaction Impact: A difference of 97,896.23 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

54.4571
34.6212
JanuMarcMayJulySeptNove

NOK to AOA 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 37.2244, compared to 45.3937 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.1693 points.

H1 Avg (Jan–Jun) 37.2244
H2 Avg (Jul–Dec) 45.3937

Volatility Range Comparison

Volatility

The most volatile month in 2019 was October, with a trading range of 12.6483 AOA (High: 54.0626 / Low: 41.4143). On the other end, April was the most stable month, with a tight range of 0.7587 AOA (High: 37.6188 / Low: 36.8600).

October Spread (Volatile) ±12.6483
April Spread (Stable) ±0.7587

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0700 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0700

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 52.8041) against the same month in 2018 (average: 35.7850), the exchange rate shifted by +17.0192 (+47.56%).

2019 Avg (December) 52.8041
2018 Avg (December) 35.7850

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 37.0297 35.1577 36.2742
February 37.0121 35.9452 36.5193
March 37.5405 35.8465 36.7224
April 37.6188 36.8600 37.2483
May 37.9152 37.0109 37.4216
June 40.1201 37.7257 39.1606
July 40.5445 39.4557 40.1766
August 40.8223 39.4584 40.1066
September 41.5432 39.7168 40.7490
October 54.0626 41.4143 46.7269
November 54.6359 50.2086 51.7989
December 54.7369 50.8363 52.8041