YEARLY HIGH
0.0227 NOK
YEARLY LOW
0.0130 NOK
YEARLY AVERAGE
0.0165 NOK

2020 AOA to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the AOA to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 0.0227. Conversely, the yearly low was recorded on December 30, dropping to 0.0130.

This high-to-low spread represents a total annual volatility of 0.0097 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0183 to the December average rate of 0.0133, the exchange rate registered a net change of -27.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0227 was down 20.03% compared to the 2019 peak of 0.0284, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 114 NOK
2019 Average 123 NOK
Yearly Trough Low 65 NOK
Transaction Impact: A difference of 48.57 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0209
0.0126
JanuMarcMayJulySeptNove

AOA 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 0.0183, compared to 0.0146 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0037 points.

H1 Avg (Jan–Jun) 0.0183
H2 Avg (Jul–Dec) 0.0146

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0039 NOK (High: 0.0227 / Low: 0.0188). On the other end, January was the most stable month, with a tight range of 0.0005 NOK (High: 0.0186 / Low: 0.0181).

March Spread (Volatile) ±0.0039
January Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and March, 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 May and June, when the average rate fell by 0.0017 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0202) against the same month in 2019 (average: 0.0272), the exchange rate shifted by -0.0070 (-25.83%).

2020 Avg (March) 0.0202
2019 Avg (March) 0.0272

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0186 0.0181 0.0183
February 0.0191 0.0186 0.0188
March 0.0227 0.0188 0.0202
April 0.0196 0.0182 0.0187
May 0.0188 0.0167 0.0179
June 0.0168 0.0156 0.0162
July 0.0165 0.0160 0.0163
August 0.0165 0.0145 0.0153
September 0.0154 0.0144 0.0148
October 0.0148 0.0139 0.0144
November 0.0144 0.0135 0.0137
December 0.0135 0.0130 0.0133