YEARLY HIGH
1.0389 SVC
YEARLY LOW
0.9481 SVC
YEARLY AVERAGE
0.9951 SVC

2019 NOK to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 30, valuing the pair at 1.0389. Conversely, the yearly low was recorded on October 29, dropping to 0.9481.

This high-to-low spread represents a total annual volatility of 0.0909 SVC. From a start-to-finish perspective, comparing the January average rate of 1.0231 to the December average rate of 0.9704, the exchange rate registered a net change of -5.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.0389 was down 9.23% compared to the 2018 peak of 1.1446, 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 5,195 SVC
2018 Average 5,379 SVC
Yearly Trough Low 4,740 SVC
Transaction Impact: A difference of 454.35 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.0298
0.9498
JanuMarcMayJulySeptNove

NOK to SVC 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 1.0161, compared to 0.9742 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0419 points.

H1 Avg (Jan–Jun) 1.0161
H2 Avg (Jul–Dec) 0.9742

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0449 SVC (High: 0.9932 / Low: 0.9483). On the other end, May was the most stable month, with a tight range of 0.0142 SVC (High: 1.0092 / Low: 0.9950).

December Spread (Volatile) ±0.0449
May Spread (Stable) ±0.0142

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 0.0403 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0403

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 1.0231) against the same month in 2018 (average: 1.1067), the exchange rate shifted by -0.0836 (-7.55%).

2019 Avg (January) 1.0231
2018 Avg (January) 1.1067

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0389 0.9963 1.0231
February 1.0375 1.0045 1.0195
March 1.0357 0.9968 1.0170
April 1.0309 1.0047 1.0213
May 1.0092 0.9950 1.0012
June 1.0313 0.9944 1.0144
July 1.0260 0.9878 1.0157
August 0.9867 0.9566 0.9754
September 0.9805 0.9597 0.9702
October 0.9640 0.9481 0.9565
November 0.9629 0.9487 0.9568
December 0.9932 0.9483 0.9704