YEARLY HIGH
0.7791 HRK
YEARLY LOW
0.7269 HRK
YEARLY AVERAGE
0.7535 HRK

2019 NOK to HRK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to HRK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 22, valuing the pair at 0.7791. Conversely, the yearly low was recorded on October 31, dropping to 0.7269.

This high-to-low spread represents a total annual volatility of 0.0522 HRK. From a start-to-finish perspective, comparing the January average rate of 0.7607 to the December average rate of 0.7429, the exchange rate registered a net change of -2.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.7791 was down 1.08% compared to the 2018 peak of 0.7875, 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 3,895 HRK
2018 Average 3,861 HRK
Yearly Trough Low 3,634 HRK
Transaction Impact: A difference of 260.88 HRK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.7759
0.7314
JanuMarcMayJulySeptNove

NOK to HRK 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 0.7627, compared to 0.7442 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0185 points.

H1 Avg (Jan–Jun) 0.7627
H2 Avg (Jul–Dec) 0.7442

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0257 HRK (High: 0.7563 / Low: 0.7306). On the other end, November was the most stable month, with a tight range of 0.0088 HRK (High: 0.7408 / Low: 0.7320).

December Spread (Volatile) ±0.0257
November Spread (Stable) ±0.0088

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 0.0238 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0238

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2019: 0.7722) against the same month in 2018 (average: 0.7706), the exchange rate shifted by +0.0016 (+0.20%).

2019 Avg (April) 0.7722
2018 Avg (April) 0.7706

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7691 0.7467 0.7607
February 0.7670 0.7540 0.7610
March 0.7715 0.7536 0.7637
April 0.7791 0.7649 0.7722
May 0.7632 0.7516 0.7586
June 0.7665 0.7545 0.7601
July 0.7692 0.7527 0.7648
August 0.7491 0.7323 0.7410
September 0.7504 0.7390 0.7455
October 0.7431 0.7269 0.7351
November 0.7408 0.7320 0.7361
December 0.7563 0.7306 0.7429