2019 NOK to XOF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
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.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |