YEARLY HIGH
2529.6338 STD
YEARLY LOW
2336.5036 STD
YEARLY AVERAGE
2423.2671 STD

2019 NOK to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 30, valuing the pair at 2529.6338. Conversely, the yearly low was recorded on October 29, dropping to 2336.5036.

This high-to-low spread represents a total annual volatility of 193.1302 STD. From a start-to-finish perspective, comparing the January average rate of 2461.6084 to the December average rate of 2391.5765, the exchange rate registered a net change of -2.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 2529.6338 was down 3.11% compared to the 2018 peak of 2610.8227, 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 12,648,169 STD
2018 Average 12,694,182 STD
Yearly Trough Low 11,682,518 STD
Transaction Impact: A difference of 965,651.24 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2516.7927
2342.8141
JanuMarcMayJulySeptNove

NOK to STD 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 2445.6461, compared to 2400.8881 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 44.7580 points.

H1 Avg (Jan–Jun) 2445.6461
H2 Avg (Jul–Dec) 2400.8881

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 126.4231 STD (High: 2529.6338 / Low: 2403.2107). On the other end, May was the most stable month, with a tight range of 34.9270 STD (High: 2428.6958 / Low: 2393.7688).

June Spread (Volatile) ±126.4231
May Spread (Stable) ±34.9270

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 97.3338 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -97.3338

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 2446.5555) against the same month in 2018 (average: 2587.1526), the exchange rate shifted by -140.5972 (-5.43%).

2019 Avg (June) 2446.5555
2018 Avg (June) 2587.1526

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2500.0362 2395.7317 2461.6084
February 2495.2014 2416.3291 2452.4041
March 2490.8857 2398.4203 2447.3329
April 2480.1815 2422.9023 2457.0922
May 2428.6958 2393.7688 2408.8837
June 2529.6338 2403.2107 2446.5555
July 2528.4250 2433.5252 2502.2945
August 2431.2676 2363.8169 2404.9607
September 2415.9413 2365.5223 2391.2188
October 2375.9926 2336.5036 2357.3123
November 2373.1903 2338.1254 2357.9655
December 2447.3365 2341.3246 2391.5765