YEARLY HIGH
0.0630 NOK
YEARLY LOW
0.0520 NOK
YEARLY AVERAGE
0.0587 NOK

2019 PKR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the PKR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0630. Conversely, the yearly low was recorded on June 30, dropping to 0.0520.

This high-to-low spread represents a total annual volatility of 0.0109 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0613 to the December average rate of 0.0582, the exchange rate registered a net change of -5.08% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0630 was down 15.18% compared to the 2018 peak of 0.0742, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 31,483 NOK
2018 Average 33,595 NOK
Yearly Trough Low 26,024 NOK
Transaction Impact: A difference of 5,459.08 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0624
0.0533
JanuMarcMayJulySeptNove

PKR 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 0.0602, compared to 0.0572 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.0602
H2 Avg (Jul–Dec) 0.0572

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0078 NOK (High: 0.0599 / Low: 0.0520). On the other end, September was the most stable month, with a tight range of 0.0011 NOK (High: 0.0581 / Low: 0.0570).

June Spread (Volatile) ±0.0078
September Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between July and November, 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 0.0040 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.0613) against the same month in 2018 (average: 0.0715), the exchange rate shifted by -0.0101 (-14.18%).

2019 Avg (January) 0.0613
2018 Avg (January) 0.0715

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0630 0.0603 0.0613
February 0.0624 0.0606 0.0616
March 0.0628 0.0604 0.0615
April 0.0615 0.0597 0.0605
May 0.0621 0.0571 0.0601
June 0.0599 0.0520 0.0561
July 0.0551 0.0529 0.0541
August 0.0579 0.0553 0.0563
September 0.0581 0.0570 0.0576
October 0.0593 0.0579 0.0585
November 0.0595 0.0584 0.0588
December 0.0594 0.0569 0.0582