YEARLY HIGH
13.1999 JPY
YEARLY LOW
11.6276 JPY
YEARLY AVERAGE
12.4022 JPY

2019 NOK to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 13.1999. Conversely, the yearly low was recorded on September 3, dropping to 11.6276.

This high-to-low spread represents a total annual volatility of 1.5724 JPY. From a start-to-finish perspective, comparing the January average rate of 12.7402 to the December average rate of 12.1085, the exchange rate registered a net change of -4.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 13.1999 was down 7.80% compared to the 2018 peak of 14.3162, 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 66,000 JPY
2018 Average 67,850 JPY
Yearly Trough Low 58,138 JPY
Transaction Impact: A difference of 7,861.75 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

13.1611
11.6989
JanuMarcMayJulySeptNove

NOK to JPY 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 12.7784, compared to 12.0260 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7524 points.

H1 Avg (Jan–Jun) 12.7784
H2 Avg (Jul–Dec) 12.0260

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.7156 JPY (High: 12.9427 / Low: 12.2270). On the other end, November was the most stable month, with a tight range of 0.1631 JPY (High: 11.9977 / Low: 11.8346).

January Spread (Volatile) ±0.7156
November Spread (Stable) ±0.1631

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.7256 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.7256

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2019: 13.0393) against the same month in 2018 (average: 13.7157), the exchange rate shifted by -0.6764 (-4.93%).

2019 Avg (April) 13.0393
2018 Avg (April) 13.7157

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.9427 12.2270 12.7402
February 13.0095 12.6719 12.8562
March 13.1128 12.6925 12.9192
April 13.1999 12.8452 13.0393
May 12.8588 12.3661 12.5849
June 12.7154 12.3553 12.5306
July 12.7094 12.2826 12.5616
August 12.0787 11.6537 11.8360
September 12.1195 11.6276 11.9230
October 11.9443 11.6726 11.8208
November 11.9977 11.8346 11.9064
December 12.4219 11.8284 12.1085