YEARLY HIGH
2.6879 CZK
YEARLY LOW
2.4877 CZK
YEARLY AVERAGE
2.6071 CZK

2019 NOK to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 22, valuing the pair at 2.6879. Conversely, the yearly low was recorded on October 31, dropping to 2.4877.

This high-to-low spread represents a total annual volatility of 0.2002 CZK. From a start-to-finish perspective, comparing the January average rate of 2.6248 to the December average rate of 2.5441, the exchange rate registered a net change of -3.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.6879 was down 2.36% compared to the 2018 peak of 2.7528, 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 13,440 CZK
2018 Average 13,352 CZK
Yearly Trough Low 12,439 CZK
Transaction Impact: A difference of 1,001.08 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.6820
2.5123
JanuMarcMayJulySeptNove

NOK to CZK 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 2.6395, compared to 2.5747 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0648 points.

H1 Avg (Jan–Jun) 2.6395
H2 Avg (Jul–Dec) 2.5747

Volatility Range Comparison

Volatility

The most volatile month in 2019 was October, with a trading range of 0.0960 CZK (High: 2.5837 / Low: 2.4877). On the other end, November was the most stable month, with a tight range of 0.0385 CZK (High: 2.5490 / Low: 2.5105).

October Spread (Volatile) ±0.0960
November Spread (Stable) ±0.0385

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 September and October, when the average rate fell by 0.0659 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0659

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2019: 2.6679) against the same month in 2018 (average: 2.6352), the exchange rate shifted by +0.0327 (+1.24%).

2019 Avg (April) 2.6679
2018 Avg (April) 2.6352

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.6681 2.5911 2.6248
February 2.6600 2.6209 2.6397
March 2.6738 2.6067 2.6430
April 2.6879 2.6479 2.6679
May 2.6561 2.6114 2.6351
June 2.6505 2.6100 2.6266
July 2.6635 2.6208 2.6449
August 2.6176 2.5696 2.5886
September 2.6263 2.5876 2.6049
October 2.5837 2.4877 2.5390
November 2.5490 2.5105 2.5265
December 2.5833 2.5071 2.5441