YEARLY HIGH
1091.3388 GNF
YEARLY LOW
985.3608 GNF
YEARLY AVERAGE
1049.6622 GNF

2019 NOK to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 1091.3388. Conversely, the yearly low was recorded on November 12, dropping to 985.3608.

This high-to-low spread represents a total annual volatility of 105.9780 GNF. From a start-to-finish perspective, comparing the January average rate of 1071.2746 to the December average rate of 1051.4532, the exchange rate registered a net change of -1.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1091.3388 was down 7.42% compared to the 2018 peak of 1178.7980, 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 5,456,694 GNF
2018 Average 5,563,392 GNF
Yearly Trough Low 4,926,804 GNF
Transaction Impact: A difference of 529,889.84 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1077.3538
1004.4032
JanuMarcMayJulySeptNove

NOK to GNF 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 1065.8083, compared to 1033.5160 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 32.2923 points.

H1 Avg (Jan–Jun) 1065.8083
H2 Avg (Jul–Dec) 1033.5160

Volatility Range Comparison

Volatility

The most volatile month in 2019 was November, with a trading range of 58.9069 GNF (High: 1044.2677 / Low: 985.3608). On the other end, October was the most stable month, with a tight range of 17.5460 GNF (High: 1020.9675 / Low: 1003.4215).

November Spread (Volatile) ±58.9069
October Spread (Stable) ±17.5460

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 42.5586 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -42.5586

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 1068.7955) against the same month in 2018 (average: 1149.6523), the exchange rate shifted by -80.8567 (-7.03%).

2019 Avg (February) 1068.7955
2018 Avg (February) 1149.6523

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1086.9958 1041.8375 1071.2746
February 1091.3388 1052.0250 1068.7955
March 1081.9745 1044.2091 1067.5283
April 1086.7049 1049.2094 1071.1068
May 1064.4238 1040.6338 1051.2016
June 1083.0106 1041.2062 1064.9429
July 1081.8021 1038.7074 1068.4701
August 1038.8274 1003.8973 1025.9116
September 1034.0106 1007.1190 1022.4268
October 1020.9675 1003.4215 1010.4824
November 1044.2677 985.3608 1022.3521
December 1084.2042 1029.0458 1051.4532