YEARLY HIGH
0.2188 NOK
YEARLY LOW
0.1469 NOK
YEARLY AVERAGE
0.1671 NOK

2020 DOP to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the DOP to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 0.2188. Conversely, the yearly low was recorded on December 30, dropping to 0.1469.

This high-to-low spread represents a total annual volatility of 0.0719 NOK. From a start-to-finish perspective, comparing the January average rate of 0.1682 to the December average rate of 0.1496, the exchange rate registered a net change of -11.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2188 was up 22.18% compared to the 2019 peak of 0.1791, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,094 NOK
2019 Average 857 NOK
Yearly Trough Low 734 NOK
Transaction Impact: A difference of 359.51 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1965
0.1454
JanuMarcMayJulySeptNove

DOP 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 0.1787, compared to 0.1556 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0231 points.

H1 Avg (Jan–Jun) 0.1787
H2 Avg (Jul–Dec) 0.1556

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0468 NOK (High: 0.2188 / Low: 0.1720). On the other end, February was the most stable month, with a tight range of 0.0035 NOK (High: 0.1757 / Low: 0.1722).

March Spread (Volatile) ±0.0468
February Spread (Stable) ±0.0035

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 0.0181 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0181

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.1906) against the same month in 2019 (average: 0.1698), the exchange rate shifted by +0.0208 (+12.24%).

2020 Avg (March) 0.1906
2019 Avg (March) 0.1698

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1725 0.1657 0.1682
February 0.1757 0.1722 0.1739
March 0.2188 0.1720 0.1906
April 0.1987 0.1876 0.1923
May 0.1919 0.1719 0.1827
June 0.1713 0.1609 0.1646
July 0.1632 0.1545 0.1592
August 0.1555 0.1496 0.1530
September 0.1637 0.1499 0.1566
October 0.1628 0.1562 0.1591
November 0.1638 0.1514 0.1558
December 0.1519 0.1469 0.1496