YEARLY HIGH
1.0437 NOK
YEARLY LOW
0.7559 NOK
YEARLY AVERAGE
0.8230 NOK

2020 BWP to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BWP to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 1.0437. Conversely, the yearly low was recorded on August 17, dropping to 0.7559.

This high-to-low spread represents a total annual volatility of 0.2878 NOK. From a start-to-finish perspective, comparing the January average rate of 0.8339 to the December average rate of 0.7989, the exchange rate registered a net change of -4.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.0437 was up 22.34% compared to the 2019 peak of 0.8531, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,218 NOK
2019 Average 4,090 NOK
Yearly Trough Low 3,779 NOK
Transaction Impact: A difference of 1,439.03 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.9096
0.7560
JanuMarcMayJulySeptNove

BWP 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 0.8474, compared to 0.7985 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0489 points.

H1 Avg (Jan–Jun) 0.8474
H2 Avg (Jul–Dec) 0.7985

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.2141 NOK (High: 1.0437 / Low: 0.8295). On the other end, February was the most stable month, with a tight range of 0.0140 NOK (High: 0.8517 / Low: 0.8377).

March Spread (Volatile) ±0.2141
February Spread (Stable) ±0.0140

Growth Streaks & Declines

Trends

Between August and November, 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 0.0403 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0403

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.8968) against the same month in 2019 (average: 0.8038), the exchange rate shifted by +0.0930 (+11.57%).

2020 Avg (March) 0.8968
2019 Avg (March) 0.8038

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8461 0.8245 0.8339
February 0.8517 0.8377 0.8449
March 1.0437 0.8295 0.8968
April 0.8836 0.8344 0.8566
May 0.8740 0.8205 0.8368
June 0.8346 0.7970 0.8153
July 0.8157 0.7862 0.8028
August 0.7893 0.7559 0.7688
September 0.8196 0.7661 0.7953
October 0.8346 0.7967 0.8114
November 0.8397 0.7989 0.8138
December 0.8116 0.7912 0.7989