YEARLY HIGH
0.4627 NOK
YEARLY LOW
0.3873 NOK
YEARLY AVERAGE
0.4056 NOK

2020 CZK to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CZK to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 0.4627. Conversely, the yearly low was recorded on January 1, dropping to 0.3873.

This high-to-low spread represents a total annual volatility of 0.0754 NOK. From a start-to-finish perspective, comparing the January average rate of 0.3937 to the December average rate of 0.4030, the exchange rate registered a net change of 2.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.4627 was up 15.10% compared to the 2019 peak of 0.4020, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,313 NOK
2019 Average 1,919 NOK
Yearly Trough Low 1,936 NOK
Transaction Impact: A difference of 377.07 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.4304
0.3904
JanuMarcMayJulySeptNove

CZK 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 0.4078, compared to 0.4035 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0043 points.

H1 Avg (Jan–Jun) 0.4078
H2 Avg (Jul–Dec) 0.4035

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0566 NOK (High: 0.4627 / Low: 0.4061). On the other end, December was the most stable month, with a tight range of 0.0066 NOK (High: 0.4061 / Low: 0.3995).

March Spread (Volatile) ±0.0566
December Spread (Stable) ±0.0066

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 March and April, when the average rate fell by 0.0118 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0118

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.4271) against the same month in 2019 (average: 0.3784), the exchange rate shifted by +0.0487 (+12.86%).

2020 Avg (March) 0.4271
2019 Avg (March) 0.3784

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4049 0.3873 0.3937
February 0.4081 0.4013 0.4043
March 0.4627 0.4061 0.4271
April 0.4242 0.4083 0.4153
May 0.4196 0.3957 0.4037
June 0.4077 0.3932 0.4026
July 0.4100 0.3967 0.4018
August 0.4111 0.3967 0.4045
September 0.4106 0.3974 0.4032
October 0.4072 0.3964 0.4020
November 0.4104 0.4027 0.4064
December 0.4061 0.3995 0.4030