2019 NOK to ISK Historical Review

YEARLY HIGH

14.7641 ISK

YEARLY LOW

13.1607 ISK

YEARLY AVERAGE

13.9365 ISK

2019 NOK to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 11, valuing the pair at 14.7641. Conversely, the yearly low was recorded on November 30, dropping to 13.1607.

This high-to-low spread represents a total annual volatility of 1.6034 ISK. From a start-to-finish perspective, comparing the January average rate of 13.9955 to the December average rate of 13.5359, the exchange rate registered a net change of -3.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 14.7641 was up 0.84% compared to the 2018 peak of 14.6414, 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 73,821 ISK

2018 Average 66,416 ISK

Yearly Trough Low 65,803 ISK

Transaction Impact: A difference of 8,017.15 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

14.5619

13.4140

JanuMarcMayJulySeptNove

NOK to ISK 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 14.0765, compared to 13.7965 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2801 points.

H1 Avg (Jan–Jun) 14.0765

H2 Avg (Jul–Dec) 13.7965

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 0.9897 ISK (High: 14.7641 / Low: 13.7745). On the other end, October was the most stable month, with a tight range of 0.3029 ISK (High: 13.7688 / Low: 13.4658).

July Spread (Volatile) ±0.9897

October Spread (Stable) ±0.3029

Growth Streaks & Declines

Trends

Between May and July, 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 0.6649 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.6649

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2019: 14.4662) against the same month in 2018 (average: 13.0938), the exchange rate shifted by +1.3724 (+10.48%).

2019 Avg (July) 14.4662

2018 Avg (July) 13.0938

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	14.2569	13.4225	13.9955
February	14.1967	13.7406	13.9600
March	14.2602	13.6548	13.9357
April	14.3007	13.8132	14.0617
May	14.2503	13.9001	14.0529
June	14.6701	14.1243	14.4536
July	14.7641	13.7745	14.4662
August	14.0142	13.6005	13.8013
September	14.1086	13.5630	13.8491
October	13.7688	13.4658	13.6167
November	13.6854	13.1607	13.5096
December	13.8004	13.1671	13.5359