YEARLY HIGH
61.1623 SYP
YEARLY LOW
55.8080 SYP
YEARLY AVERAGE
58.5850 SYP

2019 NOK to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 30, valuing the pair at 61.1623. Conversely, the yearly low was recorded on October 29, dropping to 55.8080.

This high-to-low spread represents a total annual volatility of 5.3543 SYP. From a start-to-finish perspective, comparing the January average rate of 60.2225 to the December average rate of 57.1249, 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 61.1623 was down 9.25% compared to the 2018 peak of 67.3965, 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 305,811 SYP
2018 Average 316,626 SYP
Yearly Trough Low 279,040 SYP
Transaction Impact: A difference of 26,771.53 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

60.6186
55.8650
JanuMarcMayJulySeptNove

NOK to SYP 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 59.8072, compared to 57.3628 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.4444 points.

H1 Avg (Jan–Jun) 59.8072
H2 Avg (Jul–Dec) 57.3628

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 2.5518 SYP (High: 61.1623 / Low: 58.6105). On the other end, November was the most stable month, with a tight range of 0.8337 SYP (High: 56.6810 / Low: 55.8473).

January Spread (Volatile) ±2.5518
November Spread (Stable) ±0.8337

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 2.3971 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.3971

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 60.2225) against the same month in 2018 (average: 65.1551), the exchange rate shifted by -4.9327 (-7.57%).

2019 Avg (January) 60.2225
2018 Avg (January) 65.1551

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 61.1623 58.6105 60.2225
February 61.0491 59.1171 59.9956
March 60.9384 58.6763 59.8711
April 60.6926 59.2934 60.1155
May 59.4169 58.5629 58.9351
June 60.7208 58.8208 59.7033
July 60.4847 58.3477 59.8680
August 58.0934 56.4149 57.4709
September 57.7311 56.4419 57.1293
October 56.7540 55.8080 56.2611
November 56.6810 55.8473 56.3225
December 58.4519 55.9346 57.1249