YEARLY HIGH
3.2117 NOK
YEARLY LOW
2.3237 NOK
YEARLY AVERAGE
2.5648 NOK

2020 AED to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the AED to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 3.2117. Conversely, the yearly low was recorded on December 30, dropping to 2.3237.

This high-to-low spread represents a total annual volatility of 0.8880 NOK. From a start-to-finish perspective, comparing the January average rate of 2.4349 to the December average rate of 2.3695, the exchange rate registered a net change of -2.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 3.2117 was up 27.83% compared to the 2019 peak of 2.5124, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 16,058 NOK
2019 Average 11,978 NOK
Yearly Trough Low 11,618 NOK
Transaction Impact: A difference of 4,440.01 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.8840
2.3228
JanuMarcMayJulySeptNove

AED 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 2.6576, compared to 2.4719 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1857 points.

H1 Avg (Jan–Jun) 2.6576
H2 Avg (Jul–Dec) 2.4719

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.6924 NOK (High: 3.2117 / Low: 2.5193). On the other end, February was the most stable month, with a tight range of 0.0531 NOK (High: 2.5594 / Low: 2.5063).

March Spread (Volatile) ±0.6924
February Spread (Stable) ±0.0531

Growth Streaks & Declines

Trends

Between January and April, 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 May and June, when the average rate fell by 0.1492 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1492

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 2.7991) against the same month in 2019 (average: 2.3419), the exchange rate shifted by +0.4571 (+19.52%).

2020 Avg (March) 2.7991
2019 Avg (March) 2.3419

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5063 2.3889 2.4349
February 2.5594 2.5063 2.5290
March 3.2117 2.5193 2.7991
April 2.9374 2.7778 2.8373
May 2.8415 2.6458 2.7473
June 2.6469 2.5166 2.5981
July 2.5942 2.4600 2.5320
August 2.4858 2.3764 2.4359
September 2.6048 2.3825 2.4916
October 2.5948 2.4876 2.5305
November 2.6065 2.4021 2.4720
December 2.4063 2.3237 2.3695