2019 NOK to CNY Historical Review

YEARLY HIGH

0.8109 CNY

YEARLY LOW

0.7626 CNY

YEARLY AVERAGE

0.7854 CNY

2019 NOK to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on June 24, valuing the pair at 0.8109. Conversely, the yearly low was recorded on November 30, dropping to 0.7626.

This high-to-low spread represents a total annual volatility of 0.0482 CNY. From a start-to-finish perspective, comparing the January average rate of 0.7942 to the December average rate of 0.7777, the exchange rate registered a net change of -2.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.8109 was down 4.47% compared to the 2018 peak of 0.8488, 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 4,054 CNY

2018 Average 4,063 CNY

Yearly Trough Low 3,813 CNY

Transaction Impact: A difference of 241.06 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.8029

0.7647

JanuMarcMayJulySeptNove

NOK to CNY 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 0.7880, compared to 0.7827 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0052 points.

H1 Avg (Jan–Jun) 0.7880

H2 Avg (Jul–Dec) 0.7827

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0304 CNY (High: 0.7941 / Low: 0.7637). On the other end, November was the most stable month, with a tight range of 0.0114 CNY (High: 0.7740 / Low: 0.7626).

December Spread (Volatile) ±0.0304

November Spread (Stable) ±0.0114

Growth Streaks & Declines

Trends

Between March and June, 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 0.0133 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0133

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 0.7997) against the same month in 2018 (average: 0.7965), the exchange rate shifted by +0.0033 (+0.41%).

2019 Avg (June) 0.7997

2018 Avg (June) 0.7965

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8055	0.7810	0.7942
February	0.7995	0.7786	0.7853
March	0.7927	0.7651	0.7806
April	0.7905	0.7746	0.7839
May	0.7945	0.7691	0.7842
June	0.8109	0.7883	0.7997
July	0.8069	0.7770	0.7985
August	0.7957	0.7755	0.7875
September	0.7980	0.7824	0.7891
October	0.7860	0.7657	0.7758
November	0.7740	0.7626	0.7679
December	0.7941	0.7637	0.7777