2019 NOK to IDR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
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.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsNo 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |