2019 NOK to GHS Historical Review

YEARLY HIGH

1.6543 GHS

YEARLY LOW

0.5560 GHS

YEARLY AVERAGE

0.6124 GHS

2019 NOK to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on May 19, valuing the pair at 1.6543. Conversely, the yearly low was recorded on January 2, dropping to 0.5560.

This high-to-low spread represents a total annual volatility of 1.0984 GHS. From a start-to-finish perspective, comparing the January average rate of 0.5731 to the December average rate of 0.6321, the exchange rate registered a net change of 10.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.6543 was up 169.07% compared to the 2018 peak of 0.6148, 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 8,272 GHS

2018 Average 2,877 GHS

Yearly Trough Low 2,780 GHS

Transaction Impact: A difference of 5,491.77 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.6380

0.5672

JanuMarcMayJulySeptNove

NOK to GHS 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 0.6126, compared to 0.6122 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.6126

H2 Avg (Jul–Dec) 0.6122

Volatility Range Comparison

Volatility

The most volatile month in 2019 was May, with a trading range of 1.0684 GHS (High: 1.6543 / Low: 0.5859). On the other end, November was the most stable month, with a tight range of 0.0107 GHS (High: 0.6108 / Low: 0.6001).

May Spread (Volatile) ±1.0684

November Spread (Stable) ±0.0107

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 0.0258 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0258

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2019: 0.6290) against the same month in 2018 (average: 0.5645), the exchange rate shifted by +0.0645 (+11.43%).

2019 Avg (May) 0.6290

2018 Avg (May) 0.5645

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5900	0.5560	0.5731
February	0.6393	0.5889	0.6129
March	0.6595	0.5947	0.6303
April	0.6306	0.5875	0.6045
May	1.6543	0.5859	0.6290
June	0.6410	0.6138	0.6255
July	0.6355	0.6087	0.6255
August	0.6118	0.5953	0.6050
September	0.6160	0.5967	0.6081
October	0.6006	0.5883	0.5961
November	0.6108	0.6001	0.6063
December	0.6485	0.6092	0.6321