YEARLY HIGH
0.0069 NOK
YEARLY LOW
0.0043 NOK
YEARLY AVERAGE
0.0051 NOK

2020 CDF to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CDF to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 0.0069. Conversely, the yearly low was recorded on December 30, dropping to 0.0043.

This high-to-low spread represents a total annual volatility of 0.0026 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0053 to the December average rate of 0.0045, the exchange rate registered a net change of -15.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0069 was up 24.00% compared to the 2019 peak of 0.0056, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 34 NOK
2019 Average 27 NOK
Yearly Trough Low 22 NOK
Transaction Impact: A difference of 12.85 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0062
0.0043
JanuMarcMayJulySeptNove

CDF 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 0.0056, compared to 0.0046 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0056
H2 Avg (Jul–Dec) 0.0046

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.0016 NOK (High: 0.0059 / Low: 0.0043). On the other end, February was the most stable month, with a tight range of 0.0001 NOK (High: 0.0055 / Low: 0.0055).

December Spread (Volatile) ±0.0016
February Spread (Stable) ±0.0001

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 0.0006 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0060) against the same month in 2019 (average: 0.0053), the exchange rate shifted by +0.0008 (+14.74%).

2020 Avg (March) 0.0060
2019 Avg (March) 0.0053

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0055 0.0052 0.0053
February 0.0055 0.0055 0.0055
March 0.0069 0.0054 0.0060
April 0.0063 0.0059 0.0061
May 0.0060 0.0053 0.0057
June 0.0053 0.0050 0.0051
July 0.0050 0.0046 0.0048
August 0.0046 0.0045 0.0046
September 0.0049 0.0045 0.0047
October 0.0051 0.0046 0.0048
November 0.0049 0.0045 0.0046
December 0.0059 0.0043 0.0045