YEARLY HIGH
312.1955 MNT
YEARLY LOW
279.0282 MNT
YEARLY AVERAGE
292.3996 MNT

2019 NOK to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on June 30, valuing the pair at 312.1955. Conversely, the yearly low was recorded on May 18, dropping to 279.0282.

This high-to-low spread represents a total annual volatility of 33.1673 MNT. From a start-to-finish perspective, comparing the January average rate of 286.9358 to the December average rate of 299.0845, the exchange rate registered a net change of 4.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 312.1955 was down 1.27% compared to the 2018 peak of 316.2272, 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 1,560,977 MNT
2018 Average 1,494,059 MNT
Yearly Trough Low 1,395,141 MNT
Transaction Impact: A difference of 165,836.60 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

311.2549
278.5234
JanuMarcMayJulySeptNove

NOK to MNT 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 287.2320, compared to 297.5673 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.3353 points.

H1 Avg (Jan–Jun) 287.2320
H2 Avg (Jul–Dec) 297.5673

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 32.0667 MNT (High: 312.1955 / Low: 280.1288). On the other end, November was the most stable month, with a tight range of 3.7999 MNT (High: 295.4065 / Low: 291.6065).

June Spread (Volatile) ±32.0667
November Spread (Stable) ±3.7999

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 11.4426 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -11.4426

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 287.0624) against the same month in 2018 (average: 294.9634), the exchange rate shifted by -7.9010 (-2.68%).

2019 Avg (June) 287.0624
2018 Avg (June) 294.9634

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 291.4152 279.2570 286.9358
February 293.4572 281.6579 288.2581
March 297.3351 279.5704 288.5062
April 296.0145 282.4241 291.3783
May 287.6925 279.0282 281.2511
June 312.1955 280.1288 287.0624
July 312.1075 300.6679 308.5273
August 300.5050 291.7069 297.0847
September 298.6712 291.9174 295.4293
October 293.9786 289.9733 291.6809
November 295.4065 291.6065 293.5969
December 306.2657 292.1466 299.0845