2019 NOK to AZN Historical Review

YEARLY HIGH

0.2022 AZN

YEARLY LOW

0.1845 AZN

YEARLY AVERAGE

0.1936 AZN

2019 NOK to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 30, valuing the pair at 0.2022. Conversely, the yearly low was recorded on October 29, dropping to 0.1845.

This high-to-low spread represents a total annual volatility of 0.0177 AZN. From a start-to-finish perspective, comparing the January average rate of 0.1991 to the December average rate of 0.1888, 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 0.2022 was down 9.11% compared to the 2018 peak of 0.2225, 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 1,011 AZN

2018 Average 1,045 AZN

Yearly Trough Low 922 AZN

Transaction Impact: A difference of 88.49 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.2004

0.1848

JanuMarcMayJulySeptNove

NOK to AZN 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 0.1977, compared to 0.1896 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0081 points.

H1 Avg (Jan–Jun) 0.1977

H2 Avg (Jul–Dec) 0.1896

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0084 AZN (High: 0.2022 / Low: 0.1938). On the other end, November was the most stable month, with a tight range of 0.0028 AZN (High: 0.1874 / Low: 0.1846).

January Spread (Volatile) ±0.0084

November Spread (Stable) ±0.0028

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 0.0077 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0077

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.1991) against the same month in 2018 (average: 0.2141), the exchange rate shifted by -0.0150 (-7.01%).

2019 Avg (January) 0.1991

2018 Avg (January) 0.2141

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2022	0.1938	0.1991
February	0.2018	0.1954	0.1983
March	0.2015	0.1940	0.1979
April	0.2006	0.1960	0.1987
May	0.1964	0.1936	0.1948
June	0.2007	0.1944	0.1974
July	0.1997	0.1922	0.1976
August	0.1920	0.1867	0.1899
September	0.1908	0.1868	0.1888
October	0.1876	0.1845	0.1861
November	0.1874	0.1846	0.1862
December	0.1932	0.1849	0.1888