YEARLY HIGH
1672.6159 IDR
YEARLY LOW
1518.1064 IDR
YEARLY AVERAGE
1607.8110 IDR

2019 NOK to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 24, valuing the pair at 1672.6159. Conversely, the yearly low was recorded on October 29, dropping to 1518.1064.

This high-to-low spread represents a total annual volatility of 154.5095 IDR. From a start-to-finish perspective, comparing the January average rate of 1654.7601 to the December average rate of 1551.5993, the exchange rate registered a net change of -6.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1672.6159 was down 10.45% compared to the 2018 peak of 1867.7202, 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 8,363,080 IDR
2018 Average 8,703,342 IDR
Yearly Trough Low 7,590,532 IDR
Transaction Impact: A difference of 772,547.46 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1666.5351
1525.2354
JanuMarcMayJulySeptNove

NOK to IDR 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 1647.5907, compared to 1568.0313 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 79.5594 points.

H1 Avg (Jan–Jun) 1647.5907
H2 Avg (Jul–Dec) 1568.0313

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 64.8247 IDR (High: 1620.2181 / Low: 1555.3934). On the other end, November was the most stable month, with a tight range of 20.8596 IDR (High: 1548.3770 / Low: 1527.5174).

August Spread (Volatile) ±64.8247
November Spread (Stable) ±20.8596

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 42.5556 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -42.5556

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 1649.9546) against the same month in 2018 (average: 1722.4185), the exchange rate shifted by -72.4639 (-4.21%).

2019 Avg (June) 1649.9546
2018 Avg (June) 1722.4185

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1670.2206 1639.9473 1654.7601
February 1658.5777 1610.7581 1634.4064
March 1672.1878 1622.7074 1652.9873
April 1664.3635 1631.2056 1649.9730
May 1658.7467 1627.2872 1643.4629
June 1672.6159 1625.7172 1649.9546
July 1657.6418 1600.4682 1628.5774
August 1620.2181 1555.3934 1586.0219
September 1580.7989 1550.1789 1562.7826
October 1557.0777 1518.1064 1542.1965
November 1548.3770 1527.5174 1537.0103
December 1583.3907 1526.6116 1551.5993