2019 NOK to SOS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 NOK to SOS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the NOK to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 68.9048. Conversely, the yearly low was recorded on November 30, dropping to 62.6066.
This high-to-low spread represents a total annual volatility of 6.2982 SOS. From a start-to-finish perspective, comparing the January average rate of 67.8605 to the December average rate of 64.3157, the exchange rate registered a net change of -5.22% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 68.9048 was down 9.17% compared to the 2018 peak of 75.8621, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
NOK to SOS Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 67.3810, compared to 64.5230 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.8579 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was July, with a trading range of 3.0839 SOS (High: 68.4477 / Low: 65.3638). On the other end, October was the most stable month, with a tight range of 1.2329 SOS (High: 64.0260 / Low: 62.7931).
Growth Streaks & Declines
TrendsBetween 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 2.8536 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2019: 67.5176) against the same month in 2018 (average: 74.1347), the exchange rate shifted by -6.6172 (-8.93%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 68.8520 | 65.9269 | 67.8605 |
| February | 68.9048 | 66.4761 | 67.5176 |
| March | 68.6291 | 66.0687 | 67.4385 |
| April | 68.3834 | 66.4510 | 67.6480 |
| May | 67.1793 | 65.9006 | 66.4679 |
| June | 68.3976 | 66.0863 | 67.3531 |
| July | 68.4477 | 65.3638 | 67.3581 |
| August | 65.2595 | 63.2436 | 64.5045 |
| September | 64.8887 | 63.4541 | 64.2418 |
| October | 64.0260 | 62.7931 | 63.3617 |
| November | 63.9271 | 62.6066 | 63.3564 |
| December | 65.8835 | 62.8087 | 64.3157 |