2019 NOK to CAD Historical Review

YEARLY HIGH

0.1582 CAD

YEARLY LOW

0.1416 CAD

YEARLY AVERAGE

0.1509 CAD

2019 NOK to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 21, valuing the pair at 0.1582. Conversely, the yearly low was recorded on October 28, dropping to 0.1416.

This high-to-low spread represents a total annual volatility of 0.0166 CAD. From a start-to-finish perspective, comparing the January average rate of 0.1555 to the December average rate of 0.1461, the exchange rate registered a net change of -6.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1582 was down 6.82% compared to the 2018 peak of 0.1698, 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 791 CAD

2018 Average 797 CAD

Yearly Trough Low 708 CAD

Transaction Impact: A difference of 83.02 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1574

0.1430

JanuMarcMayJulySeptNove

NOK to CAD 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 0.1548, compared to 0.1470 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0078 points.

H1 Avg (Jan–Jun) 0.1548

H2 Avg (Jul–Dec) 0.1470

Volatility Range Comparison

Volatility

The most volatile month in 2019 was March, with a trading range of 0.0050 CAD (High: 0.1582 / Low: 0.1532). On the other end, May was the most stable month, with a tight range of 0.0022 CAD (High: 0.1551 / Low: 0.1528).

March Spread (Volatile) ±0.0050

May Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between February and April, 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 0.0040 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2019: 0.1554) against the same month in 2018 (average: 0.1664), the exchange rate shifted by -0.0110 (-6.63%).

2019 Avg (March) 0.1554

2018 Avg (March) 0.1664

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1576	0.1549	0.1555
February	0.1553	0.1525	0.1538
March	0.1582	0.1532	0.1554
April	0.1574	0.1550	0.1562
May	0.1551	0.1528	0.1540
June	0.1557	0.1527	0.1541
July	0.1531	0.1489	0.1520
August	0.1493	0.1461	0.1481
September	0.1486	0.1455	0.1469
October	0.1464	0.1416	0.1442
November	0.1457	0.1434	0.1448
December	0.1484	0.1440	0.1461