YEARLY HIGH
2.2768 MXN
YEARLY LOW
2.0720 MXN
YEARLY AVERAGE
2.1889 MXN

2019 NOK to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 3, valuing the pair at 2.2768. Conversely, the yearly low was recorded on October 27, dropping to 2.0720.

This high-to-low spread represents a total annual volatility of 0.2047 MXN. From a start-to-finish perspective, comparing the January average rate of 2.2422 to the December average rate of 2.1174, the exchange rate registered a net change of -5.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.2768 was down 11.74% compared to the 2018 peak of 2.5798, 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 11,384 MXN
2018 Average 11,810 MXN
Yearly Trough Low 10,360 MXN
Transaction Impact: A difference of 1,023.73 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.2555
2.0967
JanuMarcMayJulySeptNove

NOK to MXN 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 2.2249, compared to 2.1528 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0722 points.

H1 Avg (Jan–Jun) 2.2249
H2 Avg (Jul–Dec) 2.1528

Volatility Range Comparison

Volatility

The most volatile month in 2019 was October, with a trading range of 0.0998 MXN (High: 2.1719 / Low: 2.0720). On the other end, March was the most stable month, with a tight range of 0.0380 MXN (High: 2.2537 / Low: 2.2157).

October Spread (Volatile) ±0.0998
March Spread (Stable) ±0.0380

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 September and October, when the average rate fell by 0.0607 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0607

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 2.2367) against the same month in 2018 (average: 2.4967), the exchange rate shifted by -0.2600 (-10.41%).

2019 Avg (June) 2.2367
2018 Avg (June) 2.4967

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2712 2.2126 2.2422
February 2.2642 2.2075 2.2343
March 2.2537 2.2157 2.2384
April 2.2444 2.1804 2.2105
May 2.2403 2.1688 2.1875
June 2.2768 2.1884 2.2367
July 2.2319 2.1617 2.2105
August 2.2298 2.1612 2.1960
September 2.2088 2.1441 2.1718
October 2.1719 2.0720 2.1111
November 2.1341 2.0901 2.1099
December 2.1473 2.0959 2.1174