2019 NOK to LRD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 NOK to LRD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the NOK to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 23.5436. Conversely, the yearly low was recorded on January 2, dropping to 17.9248.
This high-to-low spread represents a total annual volatility of 5.6188 LRD. From a start-to-finish perspective, comparing the January average rate of 18.6067 to the December average rate of 20.9202, the exchange rate registered a net change of 12.43% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 23.5436 was up 18.79% compared to the 2018 peak of 19.8202, 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 LRD 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 19.7740, compared to 22.5009 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.7269 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was May, with a trading range of 2.3809 LRD (High: 21.7942 / Low: 19.4133). On the other end, October was the most stable month, with a tight range of 0.3350 LRD (High: 23.2521 / Low: 22.9171).
Growth Streaks & Declines
TrendsBetween January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 1.0992 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2019: 23.2176) against the same month in 2018 (average: 19.0909), the exchange rate shifted by +4.1267 (+21.62%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 19.0972 | 17.9248 | 18.6067 |
| February | 19.0662 | 18.4519 | 18.7621 |
| March | 19.1987 | 18.4462 | 18.8513 |
| April | 19.6930 | 18.9469 | 19.3618 |
| May | 21.7942 | 19.4133 | 20.5681 |
| June | 23.0252 | 21.7942 | 22.4940 |
| July | 23.5436 | 22.8601 | 23.2176 |
| August | 22.8910 | 22.5056 | 22.7074 |
| September | 23.4190 | 22.7904 | 23.1006 |
| October | 23.2521 | 22.9171 | 23.0795 |
| November | 23.2735 | 20.9296 | 21.9803 |
| December | 21.3254 | 20.5653 | 20.9202 |