YEARLY HIGH
0.9704 SBD
YEARLY LOW
0.8927 SBD
YEARLY AVERAGE
0.9325 SBD

2019 NOK to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 26, valuing the pair at 0.9704. Conversely, the yearly low was recorded on August 31, dropping to 0.8927.

This high-to-low spread represents a total annual volatility of 0.0777 SBD. From a start-to-finish perspective, comparing the January average rate of 0.9481 to the December average rate of 0.9189, the exchange rate registered a net change of -3.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.9704 was down 4.19% compared to the 2018 peak of 1.0129, 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 4,852 SBD
2018 Average 4,842 SBD
Yearly Trough Low 4,464 SBD
Transaction Impact: A difference of 388.53 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.9617
0.8991
JanuMarcMayJulySeptNove

NOK to SBD 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 0.9467, compared to 0.9184 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0283 points.

H1 Avg (Jan–Jun) 0.9467
H2 Avg (Jul–Dec) 0.9184

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 0.0481 SBD (High: 0.9697 / Low: 0.9216). On the other end, October was the most stable month, with a tight range of 0.0165 SBD (High: 0.9115 / Low: 0.8950).

July Spread (Volatile) ±0.0481
October Spread (Stable) ±0.0165

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 0.0444 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0444

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 0.9536) against the same month in 2018 (average: 0.9745), the exchange rate shifted by -0.0209 (-2.14%).

2019 Avg (June) 0.9536
2018 Avg (June) 0.9745

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9631 0.9314 0.9481
February 0.9563 0.9252 0.9451
March 0.9568 0.9275 0.9450
April 0.9669 0.9316 0.9517
May 0.9450 0.9235 0.9367
June 0.9704 0.9359 0.9536
July 0.9697 0.9216 0.9565
August 0.9271 0.8927 0.9120
September 0.9311 0.8934 0.9139
October 0.9115 0.8950 0.9043
November 0.9146 0.8946 0.9047
December 0.9426 0.8964 0.9189