2019 NOK to RSD Historical Review

YEARLY HIGH

12.3648 RSD

YEARLY LOW

11.4567 RSD

YEARLY AVERAGE

11.9681 RSD

2019 NOK to RSD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to RSD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 22, valuing the pair at 12.3648. Conversely, the yearly low was recorded on October 31, dropping to 11.4567.

This high-to-low spread represents a total annual volatility of 0.9081 RSD. From a start-to-finish perspective, comparing the January average rate of 12.1211 to the December average rate of 11.7324, the exchange rate registered a net change of -3.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 12.3648 was down 1.49% compared to the 2018 peak of 12.5524, 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 61,824 RSD

2018 Average 61,552 RSD

Yearly Trough Low 57,284 RSD

Transaction Impact: A difference of 4,540.27 RSD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

12.3215

11.5538

JanuMarcMayJulySeptNove

NOK to RSD 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 12.1355, compared to 11.8007 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3348 points.

H1 Avg (Jan–Jun) 12.1355

H2 Avg (Jul–Dec) 11.8007

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.5992 RSD (High: 12.2620 / Low: 11.6628). On the other end, November was the most stable month, with a tight range of 0.1533 RSD (High: 11.6956 / Low: 11.5422).

January Spread (Volatile) ±0.5992

November Spread (Stable) ±0.1533

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 0.3809 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3809

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2019: 12.2575) against the same month in 2018 (average: 12.2737), the exchange rate shifted by -0.0162 (-0.13%).

2019 Avg (April) 12.2575

2018 Avg (April) 12.2737

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.2620	11.6628	12.1211
February	12.2520	12.0232	12.1325
March	12.2652	11.9913	12.1406
April	12.3648	12.1614	12.2575
May	12.1380	11.9740	12.0626
June	12.2045	12.0139	12.0989
July	12.2477	12.0013	12.1853
August	11.9482	11.6860	11.8044
September	11.9230	11.7492	11.8378
October	11.7799	11.4567	11.6178
November	11.6956	11.5422	11.6264
December	11.9388	11.5405	11.7324