YEARLY HIGH
68.5849 XOF
YEARLY LOW
63.9624 XOF
YEARLY AVERAGE
66.6117 XOF

2019 NOK to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 22, valuing the pair at 68.5849. Conversely, the yearly low was recorded on October 31, dropping to 63.9624.

This high-to-low spread represents a total annual volatility of 4.6225 XOF. From a start-to-finish perspective, comparing the January average rate of 67.1736 to the December average rate of 65.4785, the exchange rate registered a net change of -2.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 68.5849 was down 1.62% compared to the 2018 peak of 69.7113, 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 342,925 XOF
2018 Average 341,436 XOF
Yearly Trough Low 319,812 XOF
Transaction Impact: A difference of 23,112.66 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

68.4872
64.5133
JanuMarcMayJulySeptNove

NOK to XOF 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 67.4201, compared to 65.8033 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.6168 points.

H1 Avg (Jan–Jun) 67.4201
H2 Avg (Jul–Dec) 65.8033

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 2.1631 XOF (High: 66.5910 / Low: 64.4278). On the other end, November was the most stable month, with a tight range of 0.8105 XOF (High: 65.3170 / Low: 64.5065).

December Spread (Volatile) ±2.1631
November Spread (Stable) ±0.8105

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 2.1922 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.1922

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2019: 68.1561) against the same month in 2018 (average: 68.1126), the exchange rate shifted by +0.0434 (+0.06%).

2019 Avg (April) 68.1561
2018 Avg (April) 68.1126

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 67.9496 65.9916 67.1736
February 67.8738 66.7589 67.3231
March 68.2414 66.6645 67.4904
April 68.5849 67.6955 68.1561
May 67.5572 66.5608 67.0769
June 67.9120 66.8787 67.3005
July 68.2420 66.8699 67.8820
August 66.5593 65.2145 65.6898
September 66.5407 65.4819 66.0163
October 65.7339 63.9624 64.8445
November 65.3170 64.5065 64.9086
December 66.5910 64.4278 65.4785