YEARLY HIGH
0.4453 SAR
YEARLY LOW
0.4064 SAR
YEARLY AVERAGE
0.4266 SAR

2019 NOK to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 30, valuing the pair at 0.4453. Conversely, the yearly low was recorded on October 29, dropping to 0.4064.

This high-to-low spread represents a total annual volatility of 0.0389 SAR. From a start-to-finish perspective, comparing the January average rate of 0.4385 to the December average rate of 0.4161, the exchange rate registered a net change of -5.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.4453 was down 9.24% compared to the 2018 peak of 0.4907, 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 2,227 SAR
2018 Average 2,306 SAR
Yearly Trough Low 2,032 SAR
Transaction Impact: A difference of 194.58 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.4414
0.4072
JanuMarcMayJulySeptNove

NOK to SAR 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 0.4356, compared to 0.4177 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0179 points.

H1 Avg (Jan–Jun) 0.4356
H2 Avg (Jul–Dec) 0.4177

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0186 SAR (High: 0.4258 / Low: 0.4072). On the other end, November was the most stable month, with a tight range of 0.0062 SAR (High: 0.4128 / Low: 0.4067).

December Spread (Volatile) ±0.0186
November Spread (Stable) ±0.0062

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 0.0169 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0169

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.4385) against the same month in 2018 (average: 0.4744), the exchange rate shifted by -0.0359 (-7.56%).

2019 Avg (January) 0.4385
2018 Avg (January) 0.4744

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4453 0.4269 0.4385
February 0.4446 0.4304 0.4369
March 0.4438 0.4273 0.4360
April 0.4419 0.4316 0.4378
May 0.4327 0.4264 0.4292
June 0.4422 0.4281 0.4349
July 0.4398 0.4233 0.4353
August 0.4230 0.4112 0.4184
September 0.4202 0.4115 0.4160
October 0.4133 0.4064 0.4101
November 0.4128 0.4067 0.4101
December 0.4258 0.4072 0.4161