YEARLY HIGH
195.4601 CDF
YEARLY LOW
179.7456 CDF
YEARLY AVERAGE
187.9578 CDF

2019 NOK to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 26, valuing the pair at 195.4601. Conversely, the yearly low was recorded on October 29, dropping to 179.7456.

This high-to-low spread represents a total annual volatility of 15.7145 CDF. From a start-to-finish perspective, comparing the January average rate of 191.1679 to the December average rate of 186.1629, the exchange rate registered a net change of -2.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 195.4601 was down 7.27% compared to the 2018 peak of 210.7818, 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 977,300 CDF
2018 Average 995,486 CDF
Yearly Trough Low 898,728 CDF
Transaction Impact: A difference of 78,572.40 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

193.7411
180.6977
JanuMarcMayJulySeptNove

NOK to CDF 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 190.5891, compared to 185.3265 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.2626 points.

H1 Avg (Jan–Jun) 190.5891
H2 Avg (Jul–Dec) 185.3265

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 10.4992 CDF (High: 191.3148 / Low: 180.8156). On the other end, November was the most stable month, with a tight range of 2.7286 CDF (High: 183.1990 / Low: 180.4703).

December Spread (Volatile) ±10.4992
November Spread (Stable) ±2.7286

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 7.8061 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -7.8061

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 191.8036) against the same month in 2018 (average: 198.8839), the exchange rate shifted by -7.0802 (-3.56%).

2019 Avg (June) 191.8036
2018 Avg (June) 198.8839

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 194.5920 186.2588 191.1679
February 194.2707 187.9993 190.8288
March 193.8977 186.2225 190.2733
April 193.1856 188.3621 191.2894
May 190.0825 186.7847 188.1714
June 195.4601 187.9867 191.8036
July 195.1463 187.3427 192.6542
August 187.4957 180.8292 184.8481
September 186.4716 182.3946 184.5670
October 183.5927 179.7456 181.7847
November 183.1990 180.4703 181.9421
December 191.3148 180.8156 186.1629