2019 PEN to NOK Historical Review

YEARLY HIGH

2.7670 NOK

YEARLY LOW

2.5112 NOK

YEARLY AVERAGE

2.6370 NOK

2019 PEN to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the PEN to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 2.7670. Conversely, the yearly low was recorded on January 30, dropping to 2.5112.

This high-to-low spread represents a total annual volatility of 0.2558 NOK. From a start-to-finish perspective, comparing the January average rate of 2.5583 to the December average rate of 2.6900, the exchange rate registered a net change of 5.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.7670 was up 5.94% compared to the 2018 peak of 2.6120, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 PEN based on timing:

Yearly Peak High 13,835 NOK

2018 Average 12,385 NOK

Yearly Trough Low 12,556 NOK

Transaction Impact: A difference of 1,278.89 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.7409

2.5417

JanuMarcMayJulySeptNove

PEN to NOK 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 2.5926, compared to 2.6813 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0888 points.

H1 Avg (Jan–Jun) 2.5926

H2 Avg (Jul–Dec) 2.6813

Volatility Range Comparison

Volatility

The most volatile month in 2019 was July, with a trading range of 0.1018 NOK (High: 2.6886 / Low: 2.5868). On the other end, September was the most stable month, with a tight range of 0.0413 NOK (High: 2.7059 / Low: 2.6646).

July Spread (Volatile) ±0.1018

September Spread (Stable) ±0.0413

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0314 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0314

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2019: 2.7243) against the same month in 2018 (average: 2.4788), the exchange rate shifted by +0.2455 (+9.90%).

2019 Avg (October) 2.7243

2018 Avg (October) 2.4788

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.6069	2.5112	2.5583
February	2.6146	2.5364	2.5843
March	2.6524	2.5651	2.6026
April	2.6157	2.5710	2.5935
May	2.6485	2.5965	2.6241
June	2.6188	2.5692	2.5927
July	2.6886	2.5868	2.6178
August	2.7106	2.6245	2.6546
September	2.7059	2.6646	2.6869
October	2.7670	2.6921	2.7243
November	2.7503	2.6881	2.7146
December	2.7157	2.6555	2.6900