YEARLY HIGH
9.9671 BDT
YEARLY LOW
9.1724 BDT
YEARLY AVERAGE
9.5990 BDT

2019 NOK to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on March 21, valuing the pair at 9.9671. Conversely, the yearly low was recorded on October 29, dropping to 9.1724.

This high-to-low spread represents a total annual volatility of 0.7947 BDT. From a start-to-finish perspective, comparing the January average rate of 9.8023 to the December average rate of 9.4149, the exchange rate registered a net change of -3.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 9.9671 was down 8.18% compared to the 2018 peak of 10.8553, 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 49,836 BDT
2018 Average 51,561 BDT
Yearly Trough Low 45,862 BDT
Transaction Impact: A difference of 3,973.73 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

9.9017
9.1963
JanuMarcMayJulySeptNove

NOK to BDT 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 9.7751, compared to 9.4229 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3521 points.

H1 Avg (Jan–Jun) 9.7751
H2 Avg (Jul–Dec) 9.4229

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.4392 BDT (High: 9.6399 / Low: 9.2007). On the other end, November was the most stable month, with a tight range of 0.1472 BDT (High: 9.3353 / Low: 9.1881).

December Spread (Volatile) ±0.4392
November Spread (Stable) ±0.1472

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 0.3889 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3889

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2019: 9.7692) against the same month in 2018 (average: 10.6988), the exchange rate shifted by -0.9297 (-8.69%).

2019 Avg (March) 9.7692
2018 Avg (March) 10.6988

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 9.9590 9.5499 9.8023
February 9.9222 9.6334 9.7831
March 9.9671 9.5710 9.7692
April 9.9581 9.6493 9.8429
May 9.7395 9.5803 9.6589
June 9.9587 9.5915 9.7942
July 9.9081 9.5353 9.8076
August 9.5399 9.2283 9.4187
September 9.4701 9.2683 9.3698
October 9.3348 9.1724 9.2551
November 9.3353 9.1881 9.2714
December 9.6399 9.2007 9.4149