YEARLY HIGH
0.1046 EUR
YEARLY LOW
0.0975 EUR
YEARLY AVERAGE
0.1015 EUR

2019 NOK to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 22, valuing the pair at 0.1046. Conversely, the yearly low was recorded on October 31, dropping to 0.0975.

This high-to-low spread represents a total annual volatility of 0.0070 EUR. From a start-to-finish perspective, comparing the January average rate of 0.1024 to the December average rate of 0.0998, the exchange rate registered a net change of -2.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1046 was down 1.62% compared to the 2018 peak of 0.1063, 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 523 EUR
2018 Average 521 EUR
Yearly Trough Low 488 EUR
Transaction Impact: A difference of 35.24 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1044
0.0983
JanuMarcMayJulySeptNove

NOK to EUR 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 0.1028, compared to 0.1003 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.1028
H2 Avg (Jul–Dec) 0.1003

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0033 EUR (High: 0.1015 / Low: 0.0982). On the other end, November was the most stable month, with a tight range of 0.0012 EUR (High: 0.0996 / Low: 0.0983).

December Spread (Volatile) ±0.0033
November Spread (Stable) ±0.0012

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 0.0033 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0033

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2019: 0.1039) against the same month in 2018 (average: 0.1038), the exchange rate shifted by +0.0001 (+0.06%).

2019 Avg (April) 0.1039
2018 Avg (April) 0.1038

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1036 0.1006 0.1024
February 0.1035 0.1018 0.1026
March 0.1040 0.1016 0.1029
April 0.1046 0.1032 0.1039
May 0.1030 0.1015 0.1023
June 0.1035 0.1020 0.1026
July 0.1040 0.1019 0.1035
August 0.1015 0.0994 0.1001
September 0.1014 0.0998 0.1006
October 0.1002 0.0975 0.0989
November 0.0996 0.0983 0.0990
December 0.1015 0.0982 0.0998