2019 NOK to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 NOK to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the NOK to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 26, valuing the pair at 217.3610. Conversely, the yearly low was recorded on August 25, dropping to 201.5874.
This high-to-low spread represents a total annual volatility of 15.7736 BIF. From a start-to-finish perspective, comparing the January average rate of 211.0714 to the December average rate of 208.2412, the exchange rate registered a net change of -1.34% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 217.3610 was down 5.73% compared to the 2018 peak of 230.5671, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
NOK to BIF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 211.9765, compared to 206.8807 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.0958 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was December, with a trading range of 10.5181 BIF (High: 213.7530 / Low: 203.2349). On the other end, October was the most stable month, with a tight range of 3.2314 BIF (High: 204.9714 / Low: 201.7401).
Growth Streaks & Declines
TrendsBetween 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 8.1931 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2019: 213.7794) against the same month in 2018 (average: 218.4178), the exchange rate shifted by -4.6384 (-2.12%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 214.6185 | 204.6464 | 211.0714 |
| February | 216.0756 | 208.0030 | 211.3145 |
| March | 214.9261 | 206.6669 | 211.6085 |
| April | 216.0230 | 210.2964 | 213.8522 |
| May | 212.6545 | 208.7239 | 210.2327 |
| June | 217.3610 | 208.9859 | 213.7794 |
| July | 216.2432 | 208.1444 | 213.9339 |
| August | 208.2722 | 201.5874 | 205.7408 |
| September | 207.7864 | 202.6462 | 205.4779 |
| October | 204.9714 | 201.7401 | 203.1390 |
| November | 206.1802 | 202.7892 | 204.7513 |
| December | 213.7530 | 203.2349 | 208.2412 |