YEARLY HIGH
0.4977 RON
YEARLY LOW
0.4637 RON
YEARLY AVERAGE
0.4820 RON

2019 NOK to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on April 18, valuing the pair at 0.4977. Conversely, the yearly low was recorded on October 31, dropping to 0.4637.

This high-to-low spread represents a total annual volatility of 0.0341 RON. From a start-to-finish perspective, comparing the January average rate of 0.4819 to the December average rate of 0.4770, the exchange rate registered a net change of -1.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.4977 was up 0.40% compared to the 2018 peak of 0.4957, 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 2,489 RON
2018 Average 2,423 RON
Yearly Trough Low 2,318 RON
Transaction Impact: A difference of 170.26 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.4968
0.4675
JanuMarcMayJulySeptNove

NOK to RON 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 0.4875, compared to 0.4766 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0109 points.

H1 Avg (Jan–Jun) 0.4875
H2 Avg (Jul–Dec) 0.4766

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0226 RON (High: 0.4914 / Low: 0.4688). On the other end, May was the most stable month, with a tight range of 0.0064 RON (High: 0.4893 / Low: 0.4830).

January Spread (Volatile) ±0.0226
May Spread (Stable) ±0.0064

Growth Streaks & Declines

Trends

Between January and April, 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 July and August, when the average rate fell by 0.0154 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0154

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2019: 0.4943) against the same month in 2018 (average: 0.4839), the exchange rate shifted by +0.0104 (+2.15%).

2019 Avg (April) 0.4943
2018 Avg (April) 0.4839

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4914 0.4688 0.4819
February 0.4917 0.4824 0.4875
March 0.4949 0.4819 0.4894
April 0.4977 0.4912 0.4943
May 0.4893 0.4830 0.4866
June 0.4911 0.4812 0.4850
July 0.4927 0.4822 0.4892
August 0.4805 0.4699 0.4739
September 0.4806 0.4718 0.4774
October 0.4757 0.4637 0.4699
November 0.4761 0.4675 0.4720
December 0.4863 0.4692 0.4770