YEARLY HIGH
0.1515 NOK
YEARLY LOW
0.0779 NOK
YEARLY AVERAGE
0.1040 NOK

2020 HTG to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HTG to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 1, valuing the pair at 0.1515. Conversely, the yearly low was recorded on August 31, dropping to 0.0779.

This high-to-low spread represents a total annual volatility of 0.0736 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0911 to the December average rate of 0.1246, the exchange rate registered a net change of 36.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1515 was up 33.07% compared to the 2019 peak of 0.1139, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 758 NOK
2019 Average 489 NOK
Yearly Trough Low 389 NOK
Transaction Impact: A difference of 368.17 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1531
0.0733
JanuMarcMayJulySeptNove

HTG 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 0.0978, compared to 0.1103 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0125 points.

H1 Avg (Jan–Jun) 0.0978
H2 Avg (Jul–Dec) 0.1103

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0258 NOK (High: 0.1241 / Low: 0.0983). On the other end, January was the most stable month, with a tight range of 0.0034 NOK (High: 0.0930 / Low: 0.0896).

March Spread (Volatile) ±0.0258
January Spread (Stable) ±0.0034

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 November and December, when the average rate fell by 0.0169 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0169

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 0.1415) against the same month in 2019 (average: 0.0940), the exchange rate shifted by +0.0475 (+50.59%).

2020 Avg (November) 0.1415
2019 Avg (November) 0.0940

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0930 0.0896 0.0911
February 0.1063 0.0916 0.0953
March 0.1241 0.0983 0.1091
April 0.1107 0.1049 0.1081
May 0.0998 0.0912 0.0949
June 0.0899 0.0852 0.0883
July 0.0871 0.0810 0.0844
August 0.0824 0.0779 0.0799
September 0.0906 0.0783 0.0848
October 0.1508 0.1383 0.1465
November 0.1515 0.1342 0.1415
December 0.1341 0.1174 0.1246