YEARLY HIGH
21.1458 DJF
YEARLY LOW
17.2087 DJF
YEARLY AVERAGE
20.2396 DJF

2019 NOK to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 30, valuing the pair at 21.1458. Conversely, the yearly low was recorded on January 22, dropping to 17.2087.

This high-to-low spread represents a total annual volatility of 3.9371 DJF. From a start-to-finish perspective, comparing the January average rate of 20.7047 to the December average rate of 19.7455, the exchange rate registered a net change of -4.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 21.1458 was down 9.46% compared to the 2018 peak of 23.3549, 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 105,729 DJF
2018 Average 109,330 DJF
Yearly Trough Low 86,044 DJF
Transaction Impact: A difference of 19,685.36 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

20.9110
19.3322
JanuMarcMayJulySeptNove

NOK to DJF 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 20.6554, compared to 19.8238 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8316 points.

H1 Avg (Jan–Jun) 20.6554
H2 Avg (Jul–Dec) 19.8238

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 3.9371 DJF (High: 21.1458 / Low: 17.2087). On the other end, May was the most stable month, with a tight range of 0.2897 DJF (High: 20.5366 / Low: 20.2470).

January Spread (Volatile) ±3.9371
May Spread (Stable) ±0.2897

Growth Streaks & Declines

Trends

Between May and July, 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 July and August, when the average rate fell by 0.8033 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.8033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 20.7047) against the same month in 2018 (average: 22.6064), the exchange rate shifted by -1.9018 (-8.41%).

2019 Avg (January) 20.7047
2018 Avg (January) 22.6064

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 21.1458 17.2087 20.7047
February 21.1049 20.4378 20.7393
March 21.0625 20.2806 20.6962
April 20.9720 20.4876 20.7794
May 20.5366 20.2470 20.3722
June 20.9932 20.3211 20.6405
July 20.8799 20.0962 20.6615
August 20.0747 19.5205 19.8582
September 19.9454 19.5346 19.7441
October 19.6183 19.2950 19.4638
November 19.5979 19.3029 19.4695
December 20.2045 19.3293 19.7455