YEARLY HIGH
0.4324 QAR
YEARLY LOW
0.3946 QAR
YEARLY AVERAGE
0.4141 QAR

2019 NOK to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 30, valuing the pair at 0.4324. Conversely, the yearly low was recorded on October 29, dropping to 0.3946.

This high-to-low spread represents a total annual volatility of 0.0379 QAR. From a start-to-finish perspective, comparing the January average rate of 0.4258 to the December average rate of 0.4038, the exchange rate registered a net change of -5.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.4324 was down 9.25% compared to the 2018 peak of 0.4765, 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 2,162 QAR
2018 Average 2,239 QAR
Yearly Trough Low 1,973 QAR
Transaction Impact: A difference of 189.29 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.4286
0.3952
JanuMarcMayJulySeptNove

NOK to QAR 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 0.4228, compared to 0.4054 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0174 points.

H1 Avg (Jan–Jun) 0.4228
H2 Avg (Jul–Dec) 0.4054

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0181 QAR (High: 0.4133 / Low: 0.3952). On the other end, November was the most stable month, with a tight range of 0.0058 QAR (High: 0.4006 / Low: 0.3948).

December Spread (Volatile) ±0.0181
November Spread (Stable) ±0.0058

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 0.0165 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0165

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.4258) against the same month in 2018 (average: 0.4605), the exchange rate shifted by -0.0347 (-7.54%).

2019 Avg (January) 0.4258
2018 Avg (January) 0.4605

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4324 0.4144 0.4258
February 0.4319 0.4179 0.4242
March 0.4309 0.4149 0.4233
April 0.4290 0.4188 0.4250
May 0.4200 0.4140 0.4167
June 0.4294 0.4153 0.4221
July 0.4270 0.4109 0.4226
August 0.4106 0.3992 0.4061
September 0.4080 0.3995 0.4038
October 0.4012 0.3946 0.3980
November 0.4006 0.3948 0.3982
December 0.4133 0.3952 0.4038