YEARLY HIGH
0.4668 BRL
YEARLY LOW
0.4284 BRL
YEARLY AVERAGE
0.4482 BRL

2019 NOK to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 19, valuing the pair at 0.4668. Conversely, the yearly low was recorded on February 17, dropping to 0.4284.

This high-to-low spread represents a total annual volatility of 0.0384 BRL. From a start-to-finish perspective, comparing the January average rate of 0.4373 to the December average rate of 0.4557, the exchange rate registered a net change of 4.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.4668 was down 8.80% compared to the 2018 peak of 0.5119, 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 2,334 BRL
2018 Average 2,242 BRL
Yearly Trough Low 2,142 BRL
Transaction Impact: A difference of 192.20 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.4600
0.4309
JanuMarcMayJulySeptNove

NOK to BRL 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 0.4464, compared to 0.4501 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.4464
H2 Avg (Jul–Dec) 0.4501

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0299 BRL (High: 0.4614 / Low: 0.4316). On the other end, February was the most stable month, with a tight range of 0.0098 BRL (High: 0.4382 / Low: 0.4284).

August Spread (Volatile) ±0.0299
February Spread (Stable) ±0.0098

Growth Streaks & Declines

Trends

Between February and May, 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 September and October, when the average rate fell by 0.0106 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0106

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2019: 0.4575) against the same month in 2018 (average: 0.4485), the exchange rate shifted by +0.0091 (+2.02%).

2019 Avg (May) 0.4575
2018 Avg (May) 0.4485

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4488 0.4314 0.4373
February 0.4382 0.4284 0.4333
March 0.4626 0.4357 0.4470
April 0.4637 0.4480 0.4552
May 0.4668 0.4482 0.4575
June 0.4527 0.4417 0.4479
July 0.4487 0.4304 0.4385
August 0.4614 0.4316 0.4485
September 0.4644 0.4523 0.4569
October 0.4579 0.4328 0.4463
November 0.4651 0.4353 0.4546
December 0.4606 0.4507 0.4557