2019 NOK to THB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 NOK to THB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the NOK to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 3.7717. Conversely, the yearly low was recorded on November 30, dropping to 3.2769.
This high-to-low spread represents a total annual volatility of 0.4948 THB. From a start-to-finish perspective, comparing the January average rate of 3.7187 to the December average rate of 3.3505, the exchange rate registered a net change of -9.90% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 3.7717 was down 8.87% compared to the 2018 peak of 4.1389, 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 THB 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 3.6688, compared to 3.3946 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2742 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was December, with a trading range of 0.1422 THB (High: 3.4236 / Low: 3.2813). On the other end, June was the most stable month, with a tight range of 0.0568 THB (High: 3.6285 / Low: 3.5717).
Growth Streaks & Declines
TrendsBetween February and April, 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 0.1518 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2019: 3.7187) against the same month in 2018 (average: 4.0325), the exchange rate shifted by -0.3138 (-7.78%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.7717 | 3.6751 | 3.7187 |
| February | 3.7101 | 3.6077 | 3.6476 |
| March | 3.7557 | 3.6242 | 3.6881 |
| April | 3.7551 | 3.6737 | 3.7175 |
| May | 3.6878 | 3.5924 | 3.6377 |
| June | 3.6285 | 3.5717 | 3.6028 |
| July | 3.6206 | 3.4893 | 3.5774 |
| August | 3.4773 | 3.3526 | 3.4256 |
| September | 3.4350 | 3.3616 | 3.3873 |
| October | 3.3568 | 3.2781 | 3.3188 |
| November | 3.3401 | 3.2769 | 3.3078 |
| December | 3.4236 | 3.2813 | 3.3505 |