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