2019 NOK to BGN Historical Review

YEARLY HIGH

0.2057 BGN

YEARLY LOW

0.1906 BGN

YEARLY AVERAGE

0.1987 BGN

2019 NOK to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 19, valuing the pair at 0.2057. Conversely, the yearly low was recorded on October 29, dropping to 0.1906.

This high-to-low spread represents a total annual volatility of 0.0151 BGN. From a start-to-finish perspective, comparing the January average rate of 0.2003 to the December average rate of 0.1952, the exchange rate registered a net change of -2.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.2057 was down 0.88% compared to the 2018 peak of 0.2075, 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 1,028 BGN

2018 Average 1,018 BGN

Yearly Trough Low 953 BGN

Transaction Impact: A difference of 75.54 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.2044

0.1924

JanuMarcMayJulySeptNove

NOK to BGN 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 0.2011, compared to 0.1963 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0048 points.

H1 Avg (Jan–Jun) 0.2011

H2 Avg (Jul–Dec) 0.1963

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0067 BGN (High: 0.1987 / Low: 0.1920). On the other end, November was the most stable month, with a tight range of 0.0024 BGN (High: 0.1948 / Low: 0.1924).

December Spread (Volatile) ±0.0067

November Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0063 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0063

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2019: 0.2034) against the same month in 2018 (average: 0.2031), the exchange rate shifted by +0.0003 (+0.12%).

2019 Avg (April) 0.2034

2018 Avg (April) 0.2031

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2029	0.1965	0.2003
February	0.2026	0.1991	0.2008
March	0.2036	0.1988	0.2012
April	0.2057	0.2017	0.2034
May	0.2014	0.1985	0.2000
June	0.2047	0.1992	0.2009
July	0.2036	0.1994	0.2024
August	0.1984	0.1943	0.1961
September	0.1984	0.1952	0.1970
October	0.1963	0.1906	0.1934
November	0.1948	0.1924	0.1935
December	0.1987	0.1920	0.1952