YEARLY HIGH
1.1032 SEK
YEARLY LOW
1.0254 SEK
YEARLY AVERAGE
1.0749 SEK

2019 NOK to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 10, valuing the pair at 1.1032. Conversely, the yearly low was recorded on January 1, dropping to 1.0254.

This high-to-low spread represents a total annual volatility of 0.0778 SEK. From a start-to-finish perspective, comparing the January average rate of 1.0511 to the December average rate of 1.0456, the exchange rate registered a net change of -0.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.1032 was down 0.63% compared to the 2018 peak of 1.1103, 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 5,516 SEK
2018 Average 5,342 SEK
Yearly Trough Low 5,127 SEK
Transaction Impact: A difference of 389.21 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.1029
1.0404
JanuMarcMayJulySeptNove

NOK to SEK 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 1.0810, compared to 1.0687 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0123 points.

H1 Avg (Jan–Jun) 1.0810
H2 Avg (Jul–Dec) 1.0687

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0478 SEK (High: 1.0732 / Low: 1.0254). On the other end, July was the most stable month, with a tight range of 0.0095 SEK (High: 1.0985 / Low: 1.0890).

January Spread (Volatile) ±0.0478
July Spread (Stable) ±0.0095

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0178 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0178

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2019: 1.0977) against the same month in 2018 (average: 1.0811), the exchange rate shifted by +0.0166 (+1.54%).

2019 Avg (May) 1.0977
2018 Avg (May) 1.0811

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0732 1.0254 1.0511
February 1.0864 1.0681 1.0774
March 1.0855 1.0728 1.0800
April 1.1000 1.0797 1.0897
May 1.1032 1.0847 1.0977
June 1.1005 1.0807 1.0902
July 1.0985 1.0890 1.0934
August 1.0860 1.0687 1.0755
September 1.0867 1.0693 1.0767
October 1.0850 1.0498 1.0673
November 1.0643 1.0380 1.0539
December 1.0622 1.0305 1.0456