YEARLY HIGH
3.3358 UAH
YEARLY LOW
2.5777 UAH
YEARLY AVERAGE
2.9403 UAH

2019 NOK to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 3.3358. Conversely, the yearly low was recorded on December 10, dropping to 2.5777.

This high-to-low spread represents a total annual volatility of 0.7582 UAH. From a start-to-finish perspective, comparing the January average rate of 3.2618 to the December average rate of 2.6129, the exchange rate registered a net change of -19.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 3.3358 was down 11.41% compared to the 2018 peak of 3.7657, 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 16,679 UAH
2018 Average 16,714 UAH
Yearly Trough Low 12,888 UAH
Transaction Impact: A difference of 3,790.77 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

3.3267
2.5480
JanuMarcMayJulySeptNove

NOK to UAH 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 3.1263, compared to 2.7543 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3720 points.

H1 Avg (Jan–Jun) 3.1263
H2 Avg (Jul–Dec) 2.7543

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 0.2396 UAH (High: 3.0725 / Low: 2.8329). On the other end, October was the most stable month, with a tight range of 0.0606 UAH (High: 2.7408 / Low: 2.6802).

July Spread (Volatile) ±0.2396
October Spread (Stable) ±0.0606

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.1679 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1679

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 3.2618) against the same month in 2018 (average: 3.6036), the exchange rate shifted by -0.3418 (-9.48%).

2019 Avg (January) 3.2618
2018 Avg (January) 3.6036

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3.3358 3.1550 3.2618
February 3.2855 3.1042 3.1641
March 3.2185 3.0036 3.1238
April 3.1725 3.0342 3.1239
May 3.0777 2.9827 3.0184
June 3.1216 3.0213 3.0656
July 3.0725 2.8329 2.9838
August 2.8835 2.7455 2.8159
September 2.8135 2.6543 2.7399
October 2.7408 2.6802 2.7133
November 2.7289 2.5971 2.6598
December 2.6889 2.5777 2.6129