YEARLY HIGH
93.1608 CLP
YEARLY LOW
75.5933 CLP
YEARLY AVERAGE
79.9122 CLP

2019 NOK to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 1, valuing the pair at 93.1608. Conversely, the yearly low was recorded on February 23, dropping to 75.5933.

This high-to-low spread represents a total annual volatility of 17.5674 CLP. From a start-to-finish perspective, comparing the January average rate of 78.9423 to the December average rate of 85.1270, the exchange rate registered a net change of 7.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 93.1608 was up 11.06% compared to the 2018 peak of 83.8836, 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 465,804 CLP
2018 Average 394,187 CLP
Yearly Trough Low 377,967 CLP
Transaction Impact: A difference of 87,837.20 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

86.4633
75.5206
JanuMarcMayJulySeptNove

NOK to CLP 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 78.4138, compared to 81.4107 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.9969 points.

H1 Avg (Jan–Jun) 78.4138
H2 Avg (Jul–Dec) 81.4107

Volatility Range Comparison

Volatility

The most volatile month in 2019 was November, with a trading range of 12.1004 CLP (High: 93.0544 / Low: 80.9540). On the other end, July was the most stable month, with a tight range of 1.0398 CLP (High: 80.3056 / Low: 79.2657).

November Spread (Volatile) ±12.1004
July Spread (Stable) ±1.0398

Growth Streaks & Declines

Trends

Between April and June, 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 January and February, when the average rate fell by 2.5098 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.5098

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 85.1270) against the same month in 2018 (average: 79.2868), the exchange rate shifted by +5.8402 (+7.37%).

2019 Avg (December) 85.1270
2018 Avg (December) 79.2868

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 80.2519 78.3134 78.9423
February 77.5083 75.5933 76.4325
March 79.6837 75.9020 77.9699
April 78.5057 77.2383 77.8257
May 81.1763 77.3716 79.1631
June 81.0525 79.3363 80.1491
July 80.3056 79.2657 79.7337
August 80.9087 78.1576 79.6028
September 80.3886 78.7306 79.6224
October 80.9429 77.4980 78.8269
November 93.0544 80.9540 85.5514
December 93.1608 83.0892 85.1270