2019 NOK to CVE Historical Review

YEARLY HIGH

11.5753 CVE

YEARLY LOW

10.7967 CVE

YEARLY AVERAGE

11.2335 CVE

2019 NOK to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on April 10, valuing the pair at 11.5753. Conversely, the yearly low was recorded on October 29, dropping to 10.7967.

This high-to-low spread represents a total annual volatility of 0.7786 CVE. From a start-to-finish perspective, comparing the January average rate of 11.3212 to the December average rate of 11.0623, the exchange rate registered a net change of -2.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 11.5753 was down 1.78% compared to the 2018 peak of 11.7856, 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 57,877 CVE

2018 Average 57,566 CVE

Yearly Trough Low 53,984 CVE

Transaction Impact: A difference of 3,893.12 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

11.5501

10.8892

JanuMarcMayJulySeptNove

NOK to CVE 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 11.3702, compared to 11.0968 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2734 points.

H1 Avg (Jan–Jun) 11.3702

H2 Avg (Jul–Dec) 11.0968

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.5146 CVE (High: 11.5052 / Low: 10.9906). On the other end, April was the most stable month, with a tight range of 0.1483 CVE (High: 11.5753 / Low: 11.4270).

January Spread (Volatile) ±0.5146

April Spread (Stable) ±0.1483

Growth Streaks & Declines

Trends

Between January and April, 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 July and August, when the average rate fell by 0.3511 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3511

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2019: 11.4950) against the same month in 2018 (average: 11.4973), the exchange rate shifted by -0.0023 (-0.02%).

2019 Avg (April) 11.4950

2018 Avg (April) 11.4973

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.5052	10.9906	11.3212
February	11.4301	11.2122	11.3443
March	11.5134	11.1659	11.3722
April	11.5753	11.4270	11.4950
May	11.3984	11.2182	11.3171
June	11.5120	11.2364	11.3716
July	11.5049	11.1910	11.4222
August	11.1729	10.9455	11.0711
September	11.2255	11.0167	11.1270
October	11.0890	10.7967	10.9443
November	11.0290	10.8728	10.9539
December	11.3057	10.8716	11.0623