YEARLY HIGH
0.1560 NOK
YEARLY LOW
0.1166 NOK
YEARLY AVERAGE
0.1270 NOK

2020 INR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the INR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 0.1560. Conversely, the yearly low was recorded on December 17, dropping to 0.1166.

This high-to-low spread represents a total annual volatility of 0.0394 NOK. From a start-to-finish perspective, comparing the January average rate of 0.1255 to the December average rate of 0.1182, the exchange rate registered a net change of -5.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1560 was up 19.69% compared to the 2019 peak of 0.1303, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 38,998 NOK
2019 Average 31,244 NOK
Yearly Trough Low 29,149 NOK
Transaction Impact: A difference of 9,849.39 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1398
0.1162
JanuMarcMayJulySeptNove

INR 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 0.1315, compared to 0.1226 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0089 points.

H1 Avg (Jan–Jun) 0.1315
H2 Avg (Jul–Dec) 0.1226

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0309 NOK (High: 0.1560 / Low: 0.1251). On the other end, February was the most stable month, with a tight range of 0.0024 NOK (High: 0.1312 / Low: 0.1288).

March Spread (Volatile) ±0.0309
February Spread (Stable) ±0.0024

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 May and June, when the average rate fell by 0.0073 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0073

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.1379) against the same month in 2019 (average: 0.1236), the exchange rate shifted by +0.0142 (+11.51%).

2020 Avg (March) 0.1379
2019 Avg (March) 0.1236

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1288 0.1225 0.1255
February 0.1312 0.1288 0.1298
March 0.1560 0.1251 0.1379
April 0.1412 0.1339 0.1367
May 0.1382 0.1287 0.1333
June 0.1286 0.1226 0.1260
July 0.1275 0.1207 0.1242
August 0.1215 0.1183 0.1200
September 0.1298 0.1198 0.1245
October 0.1283 0.1246 0.1263
November 0.1284 0.1193 0.1223
December 0.1200 0.1166 0.1182