YEARLY HIGH
0.1698 AUD
YEARLY LOW
0.1578 AUD
YEARLY AVERAGE
0.1635 AUD

2019 NOK to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 21, valuing the pair at 0.1698. Conversely, the yearly low was recorded on October 31, dropping to 0.1578.

This high-to-low spread represents a total annual volatility of 0.0119 AUD. From a start-to-finish perspective, comparing the January average rate of 0.1634 to the December average rate of 0.1610, the exchange rate registered a net change of -1.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1698 was down 1.41% compared to the 2018 peak of 0.1722, 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 849 AUD
2018 Average 823 AUD
Yearly Trough Low 789 AUD
Transaction Impact: A difference of 59.72 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1675
0.1595
JanuMarcMayJulySeptNove

NOK to AUD 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 0.1644, compared to 0.1627 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.1644
H2 Avg (Jul–Dec) 0.1627

Volatility Range Comparison

Volatility

The most volatile month in 2019 was October, with a trading range of 0.0055 AUD (High: 0.1634 / Low: 0.1578). On the other end, April was the most stable month, with a tight range of 0.0017 AUD (High: 0.1650 / Low: 0.1633).

October Spread (Volatile) ±0.0055
April Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between April and June, 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 September and October, when the average rate fell by 0.0021 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 0.1668) against the same month in 2018 (average: 0.1644), the exchange rate shifted by +0.0024 (+1.48%).

2019 Avg (June) 0.1668
2018 Avg (June) 0.1644

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1647 0.1623 0.1634
February 0.1646 0.1620 0.1630
March 0.1665 0.1620 0.1641
April 0.1650 0.1633 0.1641
May 0.1663 0.1629 0.1648
June 0.1698 0.1643 0.1668
July 0.1679 0.1646 0.1662
August 0.1662 0.1627 0.1648
September 0.1640 0.1618 0.1629
October 0.1634 0.1578 0.1608
November 0.1615 0.1582 0.1602
December 0.1626 0.1589 0.1610