2019 NOK to HKD Historical Review

YEARLY HIGH

0.9314 HKD

YEARLY LOW

0.8489 HKD

YEARLY AVERAGE

0.8912 HKD

2019 NOK to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 30, valuing the pair at 0.9314. Conversely, the yearly low was recorded on November 30, dropping to 0.8489.

This high-to-low spread represents a total annual volatility of 0.0825 HKD. From a start-to-finish perspective, comparing the January average rate of 0.9169 to the December average rate of 0.8657, the exchange rate registered a net change of -5.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.9314 was down 8.98% compared to the 2018 peak of 1.0233, 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 4,657 HKD

2018 Average 4,818 HKD

Yearly Trough Low 4,245 HKD

Transaction Impact: A difference of 412.65 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.9230

0.8501

JanuMarcMayJulySeptNove

NOK to HKD 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 0.9108, compared to 0.8716 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0392 points.

H1 Avg (Jan–Jun) 0.9108

H2 Avg (Jul–Dec) 0.8716

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0397 HKD (High: 0.9314 / Low: 0.8917). On the other end, May was the most stable month, with a tight range of 0.0125 HKD (High: 0.9051 / Low: 0.8927).

January Spread (Volatile) ±0.0397

May Spread (Stable) ±0.0125

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0320 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0320

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.9169) against the same month in 2018 (average: 0.9892), the exchange rate shifted by -0.0722 (-7.30%).

2019 Avg (January) 0.9169

2018 Avg (January) 0.9892

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9314	0.8917	0.9169
February	0.9300	0.9008	0.9143
March	0.9287	0.8944	0.9126
April	0.9240	0.9028	0.9157
May	0.9051	0.8927	0.8981
June	0.9208	0.8948	0.9074
July	0.9171	0.8835	0.9067
August	0.8846	0.8598	0.8746
September	0.8784	0.8604	0.8690
October	0.8644	0.8496	0.8574
November	0.8620	0.8489	0.8561
December	0.8840	0.8501	0.8657