2019 NOK to MRO Historical Review

YEARLY HIGH

42.3985 MRO

YEARLY LOW

38.6874 MRO

YEARLY AVERAGE

40.6064 MRO

2019 NOK to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on January 30, valuing the pair at 42.3985. Conversely, the yearly low was recorded on October 29, dropping to 38.6874.

This high-to-low spread represents a total annual volatility of 3.7110 MRO. From a start-to-finish perspective, comparing the January average rate of 41.7468 to the December average rate of 39.5993, the exchange rate registered a net change of -5.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 42.3985 was down 8.86% compared to the 2018 peak of 46.5214, 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 211,992 MRO

2018 Average 218,455 MRO

Yearly Trough Low 193,437 MRO

Transaction Impact: A difference of 18,555.08 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

42.0182

38.7605

JanuMarcMayJulySeptNove

NOK to MRO 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 41.4593, compared to 39.7535 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.7058 points.

H1 Avg (Jan–Jun) 41.4593

H2 Avg (Jul–Dec) 39.7535

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 1.7689 MRO (High: 42.3985 / Low: 40.6295). On the other end, November was the most stable month, with a tight range of 0.5806 MRO (High: 39.2949 / Low: 38.7143).

January Spread (Volatile) ±1.7689

November Spread (Stable) ±0.5806

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 1.6116 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.6116

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 41.7468) against the same month in 2018 (average: 44.8946), the exchange rate shifted by -3.1479 (-7.01%).

2019 Avg (January) 41.7468

2018 Avg (January) 44.8946

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	42.3985	40.6295	41.7468
February	42.3165	40.9789	41.5907
March	42.2433	40.6751	41.5047
April	42.0617	41.0903	41.6702
May	41.1886	40.5963	40.8526
June	42.0925	40.7564	41.3911
July	41.8652	40.2939	41.4326
August	40.2565	39.1397	39.8209
September	40.0028	39.1679	39.5934
October	39.3413	38.6874	39.0320
November	39.2949	38.7143	39.0428
December	40.5226	38.7673	39.5993