YEARLY HIGH
2.1398 MDL
YEARLY LOW
1.8795 MDL
YEARLY AVERAGE
1.9930 MDL

2019 NOK to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on June 23, valuing the pair at 2.1398. Conversely, the yearly low was recorded on October 26, dropping to 1.8795.

This high-to-low spread represents a total annual volatility of 0.2603 MDL. From a start-to-finish perspective, comparing the January average rate of 2.0022 to the December average rate of 1.9146, the exchange rate registered a net change of -4.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.1398 was down 2.17% compared to the 2018 peak of 2.1872, 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 10,699 MDL
2018 Average 10,328 MDL
Yearly Trough Low 9,397 MDL
Transaction Impact: A difference of 1,301.52 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.1214
1.8844
JanuMarcMayJulySeptNove

NOK to MDL 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 2.0341, compared to 1.9519 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0822 points.

H1 Avg (Jan–Jun) 2.0341
H2 Avg (Jul–Dec) 1.9519

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 0.1078 MDL (High: 2.1051 / Low: 1.9973). On the other end, November was the most stable month, with a tight range of 0.0381 MDL (High: 1.9281 / Low: 1.8900).

July Spread (Volatile) ±0.1078
November Spread (Stable) ±0.0381

Growth Streaks & Declines

Trends

Between February and April, 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 0.0886 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0886

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 2.1017) against the same month in 2018 (average: 2.0779), the exchange rate shifted by +0.0237 (+1.14%).

2019 Avg (June) 2.1017
2018 Avg (June) 2.0779

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.0392 1.9498 2.0022
February 2.0193 1.9644 1.9908
March 2.0391 1.9420 1.9966
April 2.1051 2.0123 2.0603
May 2.0822 2.0323 2.0528
June 2.1398 2.0735 2.1017
July 2.1051 1.9973 2.0546
August 2.0041 1.9233 1.9660
September 1.9915 1.9396 1.9630
October 1.9479 1.8795 1.9089
November 1.9281 1.8900 1.9042
December 1.9493 1.8849 1.9146