YEARLY HIGH
0.0663 NOK
YEARLY LOW
0.0479 NOK
YEARLY AVERAGE
0.0529 NOK

2020 DJF to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DJF to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 0.0663. Conversely, the yearly low was recorded on December 30, dropping to 0.0479.

This high-to-low spread represents a total annual volatility of 0.0183 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0502 to the December average rate of 0.0489, the exchange rate registered a net change of -2.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0663 was up 14.05% compared to the 2019 peak of 0.0581, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 331 NOK
2019 Average 247 NOK
Yearly Trough Low 240 NOK
Transaction Impact: A difference of 91.65 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0595
0.0479
JanuMarcMayJulySeptNove

DJF 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 0.0548, compared to 0.0510 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0038 points.

H1 Avg (Jan–Jun) 0.0548
H2 Avg (Jul–Dec) 0.0510

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0143 NOK (High: 0.0663 / Low: 0.0520). On the other end, February was the most stable month, with a tight range of 0.0011 NOK (High: 0.0528 / Low: 0.0517).

March Spread (Volatile) ±0.0143
February Spread (Stable) ±0.0011

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 0.0031 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0578) against the same month in 2019 (average: 0.0483), the exchange rate shifted by +0.0094 (+19.52%).

2020 Avg (March) 0.0578
2019 Avg (March) 0.0483

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0517 0.0493 0.0502
February 0.0528 0.0517 0.0522
March 0.0663 0.0520 0.0578
April 0.0606 0.0573 0.0585
May 0.0586 0.0546 0.0567
June 0.0546 0.0519 0.0536
July 0.0535 0.0507 0.0522
August 0.0513 0.0491 0.0503
September 0.0537 0.0492 0.0514
October 0.0534 0.0513 0.0522
November 0.0538 0.0496 0.0510
December 0.0497 0.0479 0.0489