YEARLY HIGH
0.7807 DKK
YEARLY LOW
0.7285 DKK
YEARLY AVERAGE
0.7584 DKK

2019 NOK to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 0.7807. Conversely, the yearly low was recorded on October 31, dropping to 0.7285.

This high-to-low spread represents a total annual volatility of 0.0522 DKK. From a start-to-finish perspective, comparing the January average rate of 0.7645 to the December average rate of 0.7458, the exchange rate registered a net change of -2.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.7807 was down 1.41% compared to the 2018 peak of 0.7918, 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 3,903 DKK
2018 Average 3,880 DKK
Yearly Trough Low 3,642 DKK
Transaction Impact: A difference of 261.09 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.7796
0.7346
JanuMarcMayJulySeptNove

NOK to DKK 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 0.7674, compared to 0.7494 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0180 points.

H1 Avg (Jan–Jun) 0.7674
H2 Avg (Jul–Dec) 0.7494

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0243 DKK (High: 0.7583 / Low: 0.7340). On the other end, November was the most stable month, with a tight range of 0.0094 DKK (High: 0.7441 / Low: 0.7347).

December Spread (Volatile) ±0.0243
November Spread (Stable) ±0.0094

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 0.0248 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0248

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2019: 0.7758) against the same month in 2018 (average: 0.7737), the exchange rate shifted by +0.0022 (+0.28%).

2019 Avg (April) 0.7758
2018 Avg (April) 0.7737

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7733 0.7512 0.7645
February 0.7726 0.7595 0.7660
March 0.7763 0.7583 0.7679
April 0.7807 0.7708 0.7758
May 0.7689 0.7576 0.7637
June 0.7730 0.7614 0.7664
July 0.7768 0.7613 0.7727
August 0.7576 0.7413 0.7480
September 0.7575 0.7443 0.7519
October 0.7483 0.7285 0.7384
November 0.7441 0.7347 0.7394
December 0.7583 0.7340 0.7458