YEARLY HIGH
2.5344 NOK
YEARLY LOW
2.3125 NOK
YEARLY AVERAGE
2.4165 NOK

2019 QAR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the QAR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 2.5344. Conversely, the yearly low was recorded on January 30, dropping to 2.3125.

This high-to-low spread represents a total annual volatility of 0.2219 NOK. From a start-to-finish perspective, comparing the January average rate of 2.3488 to the December average rate of 2.4767, the exchange rate registered a net change of 5.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.5344 was up 5.20% compared to the 2018 peak of 2.4091, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,672 NOK
2018 Average 11,180 NOK
Yearly Trough Low 11,563 NOK
Transaction Impact: A difference of 1,109.41 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.5289
2.3324
JanuMarcMayJulySeptNove

QAR 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 2.3652, compared to 2.4677 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1025 points.

H1 Avg (Jan–Jun) 2.3652
H2 Avg (Jul–Dec) 2.4677

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.1105 NOK (High: 2.5302 / Low: 2.4197). On the other end, May was the most stable month, with a tight range of 0.0346 NOK (High: 2.4153 / Low: 2.3807).

December Spread (Volatile) ±0.1105
May Spread (Stable) ±0.0346

Growth Streaks & Declines

Trends

Between July and October, 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 November and December, when the average rate fell by 0.0348 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0348

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2019: 2.5125) against the same month in 2018 (average: 2.2690), the exchange rate shifted by +0.2435 (+10.73%).

2019 Avg (October) 2.5125
2018 Avg (October) 2.2690

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4132 2.3125 2.3488
February 2.3927 2.3154 2.3576
March 2.4104 2.3209 2.3625
April 2.3876 2.3309 2.3532
May 2.4153 2.3807 2.4001
June 2.4079 2.3290 2.3692
July 2.4335 2.3420 2.3666
August 2.5051 2.4356 2.4626
September 2.5032 2.4511 2.4765
October 2.5344 2.4923 2.5125
November 2.5327 2.4961 2.5114
December 2.5302 2.4197 2.4767