YEARLY HIGH
0.1785 NZD
YEARLY LOW
0.1665 NZD
YEARLY AVERAGE
0.1725 NZD

2019 NOK to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 21, valuing the pair at 0.1785. Conversely, the yearly low was recorded on December 10, dropping to 0.1665.

This high-to-low spread represents a total annual volatility of 0.0121 NZD. From a start-to-finish perspective, comparing the January average rate of 0.1725 to the December average rate of 0.1680, the exchange rate registered a net change of -2.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1785 was down 5.19% compared to the 2018 peak of 0.1883, 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 893 NZD
2018 Average 889 NZD
Yearly Trough Low 832 NZD
Transaction Impact: A difference of 60.25 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1764
0.1673
JanuMarcMayJulySeptNove

NOK to NZD 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 0.1728, compared to 0.1723 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.1728
H2 Avg (Jul–Dec) 0.1723

Volatility Range Comparison

Volatility

The most volatile month in 2019 was October, with a trading range of 0.0059 NZD (High: 0.1755 / Low: 0.1696). On the other end, January was the most stable month, with a tight range of 0.0027 NZD (High: 0.1740 / Low: 0.1714).

October Spread (Volatile) ±0.0059
January Spread (Stable) ±0.0027

Growth Streaks & Declines

Trends

Between March and June, 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 November and December, when the average rate fell by 0.0030 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 0.1756) against the same month in 2018 (average: 0.1776), the exchange rate shifted by -0.0019 (-1.09%).

2019 Avg (June) 0.1756
2018 Avg (June) 0.1776

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1740 0.1714 0.1725
February 0.1729 0.1686 0.1705
March 0.1719 0.1679 0.1701
April 0.1762 0.1714 0.1739
May 0.1758 0.1727 0.1744
June 0.1785 0.1728 0.1756
July 0.1757 0.1719 0.1738
August 0.1748 0.1711 0.1734
September 0.1770 0.1733 0.1750
October 0.1755 0.1696 0.1724
November 0.1731 0.1689 0.1710
December 0.1693 0.1665 0.1680