YEARLY HIGH
0.2393 BZD
YEARLY LOW
0.2178 BZD
YEARLY AVERAGE
0.2292 BZD

2019 NOK to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 30, valuing the pair at 0.2393. Conversely, the yearly low was recorded on October 29, dropping to 0.2178.

This high-to-low spread represents a total annual volatility of 0.0216 BZD. From a start-to-finish perspective, comparing the January average rate of 0.2356 to the December average rate of 0.2235, the exchange rate registered a net change of -5.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.2393 was down 8.98% compared to the 2018 peak of 0.2629, 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 1,197 BZD
2018 Average 1,236 BZD
Yearly Trough Low 1,089 BZD
Transaction Impact: A difference of 107.75 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.2371
0.2187
JanuMarcMayJulySeptNove

NOK to BZD 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 0.2340, compared to 0.2244 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0096 points.

H1 Avg (Jan–Jun) 0.2340
H2 Avg (Jul–Dec) 0.2244

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0103 BZD (High: 0.2288 / Low: 0.2185). On the other end, May was the most stable month, with a tight range of 0.0033 BZD (High: 0.2325 / Low: 0.2292).

December Spread (Volatile) ±0.0103
May Spread (Stable) ±0.0033

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 0.0093 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0093

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.2356) against the same month in 2018 (average: 0.2542), the exchange rate shifted by -0.0187 (-7.35%).

2019 Avg (January) 0.2356
2018 Avg (January) 0.2542

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2393 0.2295 0.2356
February 0.2390 0.2307 0.2348
March 0.2385 0.2296 0.2341
April 0.2375 0.2315 0.2352
May 0.2325 0.2292 0.2306
June 0.2376 0.2291 0.2337
July 0.2364 0.2275 0.2340
August 0.2273 0.2204 0.2247
September 0.2259 0.2211 0.2235
October 0.2221 0.2178 0.2203
November 0.2218 0.2182 0.2204
December 0.2288 0.2185 0.2235