2019 NOK to KRW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 NOK to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the NOK to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on July 15, valuing the pair at 138.1250. Conversely, the yearly low was recorded on November 5, dropping to 126.0260.
This high-to-low spread represents a total annual volatility of 12.0990 KRW. From a start-to-finish perspective, comparing the January average rate of 131.0599 to the December average rate of 129.9971, the exchange rate registered a net change of -0.81% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 138.1250 was down 2.05% compared to the 2018 peak of 141.0124, 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 KRW 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 133.0261, compared to 131.8669 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1592 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was October, with a trading range of 5.5261 KRW (High: 131.9647 / Low: 126.4386). On the other end, September was the most stable month, with a tight range of 2.2759 KRW (High: 133.5542 / Low: 131.2783).
Growth Streaks & Declines
TrendsBetween February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 3.1974 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2019: 136.6301) against the same month in 2018 (average: 137.9918), the exchange rate shifted by -1.3617 (-0.99%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 132.4424 | 127.7920 | 131.0599 |
| February | 132.6746 | 129.2521 | 130.8103 |
| March | 133.5515 | 129.2151 | 131.6895 |
| April | 134.8696 | 131.9560 | 133.3443 |
| May | 136.6734 | 133.1058 | 135.2997 |
| June | 137.0858 | 134.3118 | 135.9531 |
| July | 138.1250 | 134.0095 | 136.6301 |
| August | 136.8053 | 132.7142 | 134.9894 |
| September | 133.5542 | 131.2783 | 132.4981 |
| October | 131.9647 | 126.4386 | 129.3007 |
| November | 128.8773 | 126.0260 | 127.7862 |
| December | 131.7553 | 128.3229 | 129.9971 |