YEARLY HIGH
5072.9053 IRR
YEARLY LOW
4562.8422 IRR
YEARLY AVERAGE
4794.8914 IRR

2019 NOK to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 5072.9053. Conversely, the yearly low was recorded on October 29, dropping to 4562.8422.

This high-to-low spread represents a total annual volatility of 510.0631 IRR. From a start-to-finish perspective, comparing the January average rate of 4947.5695 to the December average rate of 4670.4136, the exchange rate registered a net change of -5.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 5072.9053 was down 5.85% compared to the 2018 peak of 5387.8638, 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 25,364,526 IRR
2018 Average 24,977,724 IRR
Yearly Trough Low 22,814,211 IRR
Transaction Impact: A difference of 2,550,315.27 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

4981.9719
4569.1428
JanuMarcMayJulySeptNove

NOK to IRR 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 4900.9161, compared to 4688.8667 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 212.0494 points.

H1 Avg (Jan–Jun) 4900.9161
H2 Avg (Jul–Dec) 4688.8667

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 281.0093 IRR (High: 5072.9053 / Low: 4791.8959). On the other end, November was the most stable month, with a tight range of 70.0481 IRR (High: 4636.0576 / Low: 4566.0095).

January Spread (Volatile) ±281.0093
November Spread (Stable) ±70.0481

Growth Streaks & Declines

Trends

Between October and December, 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 189.9500 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -189.9500

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 4947.5695) against the same month in 2018 (average: 4560.2444), the exchange rate shifted by +387.3251 (+8.49%).

2019 Avg (January) 4947.5695
2018 Avg (January) 4560.2444

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5072.9053 4791.8959 4947.5695
February 4990.8534 4833.0944 4906.9437
March 4982.2211 4797.2737 4902.9936
April 4992.4320 4847.7905 4927.0176
May 4908.3990 4787.9699 4825.2764
June 5009.5604 4806.8553 4895.6961
July 4937.6360 4752.3110 4886.6072
August 4747.9022 4616.1811 4696.6571
September 4717.9722 4619.5116 4671.0432
October 4639.9583 4562.8422 4603.5452
November 4636.0576 4566.0095 4604.9341
December 4779.2824 4572.2570 4670.4136