2019 NOK to PEN Historical Review

YEARLY HIGH

0.3982 PEN

YEARLY LOW

0.3614 PEN

YEARLY AVERAGE

0.3794 PEN

2019 NOK to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 30, valuing the pair at 0.3982. Conversely, the yearly low was recorded on October 29, dropping to 0.3614.

This high-to-low spread represents a total annual volatility of 0.0368 PEN. From a start-to-finish perspective, comparing the January average rate of 0.3909 to the December average rate of 0.3718, the exchange rate registered a net change of -4.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.3982 was down 6.06% compared to the 2018 peak of 0.4239, 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 1,991 PEN

2018 Average 2,020 PEN

Yearly Trough Low 1,807 PEN

Transaction Impact: A difference of 184.05 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.3933

0.3647

JanuMarcMayJulySeptNove

NOK to PEN 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 0.3858, compared to 0.3730 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0127 points.

H1 Avg (Jan–Jun) 0.3858

H2 Avg (Jul–Dec) 0.3730

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 0.0146 PEN (High: 0.3866 / Low: 0.3719). On the other end, September was the most stable month, with a tight range of 0.0057 PEN (High: 0.3753 / Low: 0.3696).

July Spread (Volatile) ±0.0146

September Spread (Stable) ±0.0057

Growth Streaks & Declines

Trends

Between October and December, 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 0.0053 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.3909) against the same month in 2018 (average: 0.4068), the exchange rate shifted by -0.0159 (-3.91%).

2019 Avg (January) 0.3909

2018 Avg (January) 0.4068

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3982	0.3836	0.3909
February	0.3943	0.3825	0.3870
March	0.3899	0.3770	0.3843
April	0.3890	0.3823	0.3856
May	0.3851	0.3776	0.3811
June	0.3892	0.3819	0.3857
July	0.3866	0.3719	0.3820
August	0.3810	0.3689	0.3767
September	0.3753	0.3696	0.3722
October	0.3715	0.3614	0.3671
November	0.3720	0.3636	0.3684
December	0.3766	0.3682	0.3718