2019 NOK to JOD Historical Review

YEARLY HIGH

0.0843 JOD

YEARLY LOW

0.0769 JOD

YEARLY AVERAGE

0.0806 JOD

2019 NOK to JOD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to JOD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 30, valuing the pair at 0.0843. Conversely, the yearly low was recorded on October 29, dropping to 0.0769.

This high-to-low spread represents a total annual volatility of 0.0074 JOD. From a start-to-finish perspective, comparing the January average rate of 0.0830 to the December average rate of 0.0787, the exchange rate registered a net change of -5.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0843 was down 9.23% compared to the 2018 peak of 0.0928, 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 421 JOD

2018 Average 436 JOD

Yearly Trough Low 384 JOD

Transaction Impact: A difference of 37.10 JOD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0835

0.0769

JanuMarcMayJulySeptNove

NOK to JOD 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 0.0824, compared to 0.0789 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0034 points.

H1 Avg (Jan–Jun) 0.0824

H2 Avg (Jul–Dec) 0.0789

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0035 JOD (High: 0.0843 / Low: 0.0808). On the other end, November was the most stable month, with a tight range of 0.0011 JOD (High: 0.0780 / Low: 0.0769).

January Spread (Volatile) ±0.0035

November Spread (Stable) ±0.0011

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 0.0032 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.0830) against the same month in 2018 (average: 0.0898), the exchange rate shifted by -0.0068 (-7.55%).

2019 Avg (January) 0.0830

2018 Avg (January) 0.0898

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0843	0.0808	0.0830
February	0.0840	0.0814	0.0826
March	0.0839	0.0808	0.0824
April	0.0835	0.0816	0.0827
May	0.0818	0.0806	0.0811
June	0.0836	0.0809	0.0822
July	0.0831	0.0800	0.0823
August	0.0799	0.0777	0.0790
September	0.0794	0.0778	0.0786
October	0.0781	0.0769	0.0775
November	0.0780	0.0769	0.0775
December	0.0805	0.0770	0.0787