YEARLY HIGH
21.5716 LKR
YEARLY LOW
19.5813 LKR
YEARLY AVERAGE
20.3164 LKR

2019 NOK to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 21.5716. Conversely, the yearly low was recorded on November 30, dropping to 19.5813.

This high-to-low spread represents a total annual volatility of 1.9903 LKR. From a start-to-finish perspective, comparing the January average rate of 21.2680 to the December average rate of 20.1021, the exchange rate registered a net change of -5.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 21.5716 was up 1.83% compared to the 2018 peak of 21.1849, 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 107,858 LKR
2018 Average 99,779 LKR
Yearly Trough Low 97,907 LKR
Transaction Impact: A difference of 9,951.36 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

21.4214
19.5815
JanuMarcMayJulySeptNove

NOK to LKR 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 20.6397, compared to 19.9931 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6467 points.

H1 Avg (Jan–Jun) 20.6397
H2 Avg (Jul–Dec) 19.9931

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.9986 LKR (High: 20.6067 / Low: 19.6081). On the other end, October was the most stable month, with a tight range of 0.3036 LKR (High: 19.9733 / Low: 19.6696).

December Spread (Volatile) ±0.9986
October Spread (Stable) ±0.3036

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.6020 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.6020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 21.2680) against the same month in 2018 (average: 19.4521), the exchange rate shifted by +1.8160 (+9.34%).

2019 Avg (January) 21.2680
2018 Avg (January) 19.4521

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 21.5716 20.8241 21.2680
February 21.0344 20.4108 20.7994
March 21.0778 20.3344 20.7139
April 20.6385 20.1463 20.4058
May 20.3860 19.9730 20.1823
June 20.7903 20.0444 20.4689
July 20.6632 19.8982 20.4254
August 20.1520 19.6383 19.8234
September 20.2416 19.7162 20.0447
October 19.9733 19.6696 19.8279
November 19.9263 19.5813 19.7348
December 20.6067 19.6081 20.1021