YEARLY HIGH
13.7430 NOK
YEARLY LOW
11.5435 NOK
YEARLY AVERAGE
12.0716 NOK

2020 FKP to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the FKP to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 13.7430. Conversely, the yearly low was recorded on January 13, dropping to 11.5435.

This high-to-low spread represents a total annual volatility of 2.1994 NOK. From a start-to-finish perspective, comparing the January average rate of 11.6947 to the December average rate of 11.7039, the exchange rate registered a net change of 0.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 13.7430 was up 12.81% compared to the 2019 peak of 12.1824, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 68,715 NOK
2019 Average 56,181 NOK
Yearly Trough Low 57,718 NOK
Transaction Impact: A difference of 10,997.21 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

13.0587
11.5707
JanuMarcMayJulySeptNove

FKP 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 12.2853, compared to 11.8579 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4274 points.

H1 Avg (Jan–Jun) 12.2853
H2 Avg (Jul–Dec) 11.8579

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.8823 NOK (High: 13.7430 / Low: 11.8607). On the other end, February was the most stable month, with a tight range of 0.2503 NOK (High: 12.1738 / Low: 11.9235).

March Spread (Volatile) ±1.8823
February Spread (Stable) ±0.2503

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 April and May, when the average rate fell by 0.5251 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.5251

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 12.6853) against the same month in 2019 (average: 11.3288), the exchange rate shifted by +1.3565 (+11.97%).

2020 Avg (March) 12.6853
2019 Avg (March) 11.3288

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.1559 11.5435 11.6947
February 12.1738 11.9235 12.0463
March 13.7430 11.8607 12.6853
April 13.2954 12.6468 12.9347
May 12.9998 11.9954 12.4096
June 12.1201 11.7718 11.9414
July 11.9347 11.5860 11.7788
August 11.9413 11.5937 11.7551
September 12.2046 11.5596 11.8489
October 12.3250 11.9186 12.0623
November 12.3748 11.7441 11.9985
December 11.8296 11.5739 11.7039