2020 EUR to NOK Historical Review

YEARLY HIGH

12.6972 NOK

YEARLY LOW

9.8246 NOK

YEARLY AVERAGE

10.7373 NOK

2020 EUR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the EUR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 21, valuing the pair at 12.6972. Conversely, the yearly low was recorded on January 2, dropping to 9.8246.

This high-to-low spread represents a total annual volatility of 2.8726 NOK. From a start-to-finish perspective, comparing the January average rate of 9.9304 to the December average rate of 10.5941, the exchange rate registered a net change of 6.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 12.6972 was up 23.81% compared to the 2019 peak of 10.2554, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 63,486 NOK

2019 Average 49,257 NOK

Yearly Trough Low 49,123 NOK

Transaction Impact: A difference of 14,362.83 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

11.5160

9.7862

JanuMarcMayJulySeptNove

EUR 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 10.7561, compared to 10.7185 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0375 points.

H1 Avg (Jan–Jun) 10.7561

H2 Avg (Jul–Dec) 10.7185

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 2.3870 NOK (High: 12.6972 / Low: 10.3101). On the other end, December was the most stable month, with a tight range of 0.1845 NOK (High: 10.6818 / Low: 10.4973).

March Spread (Volatile) ±2.3870

December Spread (Stable) ±0.1845

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 April and May, when the average rate fell by 0.2965 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2965

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 11.3719) against the same month in 2019 (average: 9.7197), the exchange rate shifted by +1.6522 (+17.00%).

2020 Avg (March) 11.3719

2019 Avg (March) 9.7197

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.2139	9.8246	9.9304
February	10.3623	10.0172	10.1412
March	12.6972	10.3101	11.3719
April	11.6604	11.1152	11.3250
May	11.4399	10.7918	11.0284
June	10.9072	10.4494	10.7396
July	10.7518	10.4976	10.6548
August	10.7381	10.4196	10.5846
September	11.1282	10.4339	10.7853
October	11.1311	10.7941	10.9373
November	11.1453	10.5216	10.7553
December	10.6818	10.4973	10.5941