YEARLY HIGH
29511.1829 VEF
YEARLY LOW
26928.1535 VEF
YEARLY AVERAGE
28263.8414 VEF

2019 NOK to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 30, valuing the pair at 29511.1829. Conversely, the yearly low was recorded on October 29, dropping to 26928.1535.

This high-to-low spread represents a total annual volatility of 2583.0293 VEF. From a start-to-finish perspective, comparing the January average rate of 29057.5695 to the December average rate of 27562.8682, 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 29511.1829 was down 3.73% compared to the 2018 peak of 30654.2622, 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 147,555,914 VEF
2018 Average 76,671,888 VEF
Yearly Trough Low 134,640,768 VEF
Transaction Impact: A difference of 12,915,146.70 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

29246.5290
26979.0146
JanuMarcMayJulySeptNove

NOK to VEF 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 28857.4993, compared to 27670.1834 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1187.3159 points.

H1 Avg (Jan–Jun) 28857.4993
H2 Avg (Jul–Dec) 27670.1834

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 1231.2417 VEF (High: 29511.1829 / Low: 28279.9412). On the other end, November was the most stable month, with a tight range of 404.1219 VEF (High: 27350.9675 / Low: 26946.8456).

January Spread (Volatile) ±1231.2417
November Spread (Stable) ±404.1219

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 1121.7704 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1121.7704

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 29057.5695) against the same month in 2018 (average: 1.2784), the exchange rate shifted by +29056.2911 (+2272930.87%).

2019 Avg (January) 29057.5695
2018 Avg (January) 1.2784

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 29511.1829 28279.9412 29057.5695
February 29454.1120 28523.0787 28948.9193
March 29403.1679 28311.6789 28889.0571
April 29276.8117 28600.6719 29004.2586
May 28669.0598 28256.7710 28435.1916
June 29298.1929 28368.2256 28809.9999
July 29140.0436 28046.3258 28838.8907
August 28020.3071 27242.9391 27717.1203
September 27843.6713 27262.5943 27558.7451
October 27383.2632 26928.1535 27167.9741
November 27350.9675 26946.8456 27175.5021
December 28205.5009 26983.7158 27562.8682