YEARLY HIGH
0.8049 TTD
YEARLY LOW
0.7313 TTD
YEARLY AVERAGE
0.7704 TTD

2019 NOK to TTD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to TTD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.8049. Conversely, the yearly low was recorded on November 30, dropping to 0.7313.

This high-to-low spread represents a total annual volatility of 0.0737 TTD. From a start-to-finish perspective, comparing the January average rate of 0.7931 to the December average rate of 0.7495, the exchange rate registered a net change of -5.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.8049 was down 9.19% compared to the 2018 peak of 0.8864, 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 4,025 TTD
2018 Average 4,146 TTD
Yearly Trough Low 3,656 TTD
Transaction Impact: A difference of 368.39 TTD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.7984
0.7347
JanuMarcMayJulySeptNove

NOK to TTD 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 0.7872, compared to 0.7536 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0336 points.

H1 Avg (Jan–Jun) 0.7872
H2 Avg (Jul–Dec) 0.7536

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0346 TTD (High: 0.7669 / Low: 0.7323). On the other end, May was the most stable month, with a tight range of 0.0139 TTD (High: 0.7817 / Low: 0.7678).

December Spread (Volatile) ±0.0346
May Spread (Stable) ±0.0139

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 0.0312 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0312

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 0.7899) against the same month in 2018 (average: 0.8603), the exchange rate shifted by -0.0704 (-8.18%).

2019 Avg (February) 0.7899
2018 Avg (February) 0.8603

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8049 0.7749 0.7931
February 0.8049 0.7774 0.7899
March 0.8041 0.7736 0.7884
April 0.7985 0.7772 0.7912
May 0.7817 0.7678 0.7754
June 0.7984 0.7696 0.7853
July 0.7945 0.7651 0.7861
August 0.7642 0.7402 0.7549
September 0.7593 0.7437 0.7513
October 0.7466 0.7322 0.7400
November 0.7462 0.7313 0.7400
December 0.7669 0.7323 0.7495