YEARLY HIGH
4.2016 NAD
YEARLY LOW
1.5706 NAD
YEARLY AVERAGE
1.6484 NAD

2019 NOK to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 19, valuing the pair at 4.2016. Conversely, the yearly low was recorded on February 11, dropping to 1.5706.

This high-to-low spread represents a total annual volatility of 2.6309 NAD. From a start-to-finish perspective, comparing the January average rate of 1.6236 to the December average rate of 1.5983, the exchange rate registered a net change of -1.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 4.2016 was up 128.87% compared to the 2018 peak of 1.8358, 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 21,008 NAD
2018 Average 8,116 NAD
Yearly Trough Low 7,853 NAD
Transaction Impact: A difference of 13,154.63 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.7446
1.5850
JanuMarcMayJulySeptNove

NOK to NAD 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 1.6624, compared to 1.6345 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0279 points.

H1 Avg (Jan–Jun) 1.6624
H2 Avg (Jul–Dec) 1.6345

Volatility Range Comparison

Volatility

The most volatile month in 2019 was May, with a trading range of 2.5789 NAD (High: 4.2016 / Low: 1.6226). On the other end, December was the most stable month, with a tight range of 0.0347 NAD (High: 1.6226 / Low: 1.5880).

May Spread (Volatile) ±2.5789
December Spread (Stable) ±0.0347

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 June and July, when the average rate fell by 0.0624 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0624

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2019: 1.7313) against the same month in 2018 (average: 1.5458), the exchange rate shifted by +0.1855 (+12.00%).

2019 Avg (May) 1.7313
2018 Avg (May) 1.5458

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6640 1.5818 1.6236
February 1.6392 1.5706 1.6055
March 1.7016 1.6183 1.6703
April 1.7072 1.6374 1.6537
May 4.2016 1.6226 1.7313
June 1.7437 1.6551 1.6899
July 1.6533 1.5973 1.6275
August 1.7330 1.5975 1.6861
September 1.6766 1.6252 1.6475
October 1.6734 1.5790 1.6293
November 1.6626 1.5848 1.6181
December 1.6226 1.5880 1.5983