YEARLY HIGH
0.0360 KWD
YEARLY LOW
0.0329 KWD
YEARLY AVERAGE
0.0346 KWD

2019 NOK to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 30, valuing the pair at 0.0360. Conversely, the yearly low was recorded on October 29, dropping to 0.0329.

This high-to-low spread represents a total annual volatility of 0.0031 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0354 to the December average rate of 0.0337, the exchange rate registered a net change of -5.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0360 was down 8.20% compared to the 2018 peak of 0.0392, 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 180 KWD
2018 Average 186 KWD
Yearly Trough Low 165 KWD
Transaction Impact: A difference of 15.39 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0357
0.0330
JanuMarcMayJulySeptNove

NOK to KWD 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 0.0353, compared to 0.0338 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0353
H2 Avg (Jul–Dec) 0.0338

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0015 KWD (High: 0.0360 / Low: 0.0345). On the other end, November was the most stable month, with a tight range of 0.0004 KWD (High: 0.0334 / Low: 0.0330).

January Spread (Volatile) ±0.0015
November Spread (Stable) ±0.0004

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 0.0014 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.0354) against the same month in 2018 (average: 0.0380), the exchange rate shifted by -0.0026 (-6.81%).

2019 Avg (January) 0.0354
2018 Avg (January) 0.0380

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0360 0.0345 0.0354
February 0.0359 0.0348 0.0354
March 0.0359 0.0346 0.0353
April 0.0358 0.0350 0.0355
May 0.0351 0.0346 0.0348
June 0.0358 0.0347 0.0352
July 0.0357 0.0344 0.0353
August 0.0343 0.0333 0.0339
September 0.0341 0.0333 0.0337
October 0.0335 0.0329 0.0332
November 0.0334 0.0330 0.0332
December 0.0344 0.0330 0.0337