YEARLY HIGH
388.2240 COP
YEARLY LOW
357.3729 COP
YEARLY AVERAGE
372.6747 COP

2019 NOK to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 388.2240. Conversely, the yearly low was recorded on March 7, dropping to 357.3729.

This high-to-low spread represents a total annual volatility of 30.8511 COP. From a start-to-finish perspective, comparing the January average rate of 369.9417 to the December average rate of 374.5129, the exchange rate registered a net change of 1.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 388.2240 was up 0.85% compared to the 2018 peak of 384.9630, 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 1,941,120 COP
2018 Average 1,815,598 COP
Yearly Trough Low 1,786,864 COP
Transaction Impact: A difference of 154,255.53 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

381.4175
361.3120
JanuMarcMayJulySeptNove

NOK to COP 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 370.1144, compared to 375.2351 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.1207 points.

H1 Avg (Jan–Jun) 370.1144
H2 Avg (Jul–Dec) 375.2351

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 20.9201 COP (High: 388.2025 / Low: 367.2824). On the other end, September was the most stable month, with a tight range of 8.8718 COP (High: 381.1910 / Low: 372.3192).

August Spread (Volatile) ±20.9201
September Spread (Stable) ±8.8718

Growth Streaks & Declines

Trends

Between February and May, 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 January and February, when the average rate fell by 6.9542 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -6.9542

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2019: 378.1730) against the same month in 2018 (average: 353.8295), the exchange rate shifted by +24.3435 (+6.88%).

2019 Avg (May) 378.1730
2018 Avg (May) 353.8295

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 377.0071 363.2692 369.9417
February 368.6642 358.8031 362.9875
March 369.0313 357.3729 363.4668
April 376.6132 363.2107 368.7182
May 388.2240 370.0428 378.1730
June 388.1533 372.9968 377.3991
July 376.8898 366.9302 372.2098
August 388.2025 367.2824 379.7421
September 381.1910 372.3192 376.8938
October 382.7186 365.5132 375.6607
November 382.0531 361.4866 372.3911
December 381.9864 369.9251 374.5129