YEARLY HIGH
0.8857 SRD
YEARLY LOW
0.8082 SRD
YEARLY AVERAGE
0.8483 SRD

2019 NOK to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 30, valuing the pair at 0.8857. Conversely, the yearly low was recorded on October 29, dropping to 0.8082.

This high-to-low spread represents a total annual volatility of 0.0775 SRD. From a start-to-finish perspective, comparing the January average rate of 0.8721 to the December average rate of 0.8273, the exchange rate registered a net change of -5.14% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.8857 was down 9.37% compared to the 2018 peak of 0.9773, 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 4,429 SRD
2018 Average 4,588 SRD
Yearly Trough Low 4,041 SRD
Transaction Impact: A difference of 387.63 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.8778
0.8097
JanuMarcMayJulySeptNove

NOK to SRD 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 0.8661, compared to 0.8305 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0356 points.

H1 Avg (Jan–Jun) 0.8661
H2 Avg (Jul–Dec) 0.8305

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0370 SRD (High: 0.8857 / Low: 0.8488). On the other end, November was the most stable month, with a tight range of 0.0121 SRD (High: 0.8209 / Low: 0.8088).

January Spread (Volatile) ±0.0370
November Spread (Stable) ±0.0121

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 0.0337 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0337

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.8721) against the same month in 2018 (average: 0.9438), the exchange rate shifted by -0.0717 (-7.60%).

2019 Avg (January) 0.8721
2018 Avg (January) 0.9438

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8857 0.8488 0.8721
February 0.8840 0.8561 0.8689
March 0.8825 0.8497 0.8671
April 0.8787 0.8584 0.8705
May 0.8605 0.8481 0.8534
June 0.8793 0.8514 0.8647
July 0.8746 0.8418 0.8656
August 0.8410 0.8177 0.8319
September 0.8357 0.8182 0.8271
October 0.8219 0.8082 0.8154
November 0.8209 0.8088 0.8156
December 0.8465 0.8099 0.8273