2019 TRY to NOK Historical Review

YEARLY HIGH

1.6498 NOK

YEARLY LOW

1.4208 NOK

YEARLY AVERAGE

1.5505 NOK

2019 TRY to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TRY to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 11, valuing the pair at 1.6498. Conversely, the yearly low was recorded on May 7, dropping to 1.4208.

This high-to-low spread represents a total annual volatility of 0.2290 NOK. From a start-to-finish perspective, comparing the January average rate of 1.5960 to the December average rate of 1.5398, the exchange rate registered a net change of -3.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 1.6498 was down 23.68% compared to the 2018 peak of 2.1616, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 82,490 NOK

2018 Average 86,319 NOK

Yearly Trough Low 71,042 NOK

Transaction Impact: A difference of 11,447.64 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1.6457

1.4293

JanuMarcMayJulySeptNove

TRY 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 1.5346, compared to 1.5664 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0318 points.

H1 Avg (Jan–Jun) 1.5346

H2 Avg (Jul–Dec) 1.5664

Volatility Range Comparison

Volatility

The most volatile month in 2019 was March, with a trading range of 0.1254 NOK (High: 1.6100 / Low: 1.4847). On the other end, November was the most stable month, with a tight range of 0.0239 NOK (High: 1.6047 / Low: 1.5808).

March Spread (Volatile) ±0.1254

November Spread (Stable) ±0.0239

Growth Streaks & Declines

Trends

Between May and August, 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 March and April, when the average rate fell by 0.0851 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0851

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 1.6277) against the same month in 2018 (average: 2.0700), the exchange rate shifted by -0.4423 (-21.37%).

2019 Avg (February) 1.6277

2018 Avg (February) 2.0700

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.6348	1.5453	1.5960
February	1.6498	1.6022	1.6277
March	1.6100	1.4847	1.5692
April	1.5576	1.4470	1.4841
May	1.4993	1.4208	1.4474
June	1.5267	1.4597	1.4833
July	1.5879	1.4899	1.5197
August	1.6296	1.5434	1.5878
September	1.6106	1.5534	1.5791
October	1.6096	1.5362	1.5791
November	1.6047	1.5808	1.5930
December	1.6015	1.4807	1.5398