2020 JOD to NOK Historical Review

YEARLY HIGH

16.6383 NOK

YEARLY LOW

12.0386 NOK

YEARLY AVERAGE

13.2873 NOK

2020 JOD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JOD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 16.6383. Conversely, the yearly low was recorded on December 30, dropping to 12.0386.

This high-to-low spread represents a total annual volatility of 4.5997 NOK. From a start-to-finish perspective, comparing the January average rate of 12.6150 to the December average rate of 12.2769, the exchange rate registered a net change of -2.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 16.6383 was up 27.87% compared to the 2019 peak of 13.0116, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 83,191 NOK

2019 Average 62,056 NOK

Yearly Trough Low 60,193 NOK

Transaction Impact: A difference of 22,998.36 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

14.9404

12.0347

JanuMarcMayJulySeptNove

JOD 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 13.7682, compared to 12.8064 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9618 points.

H1 Avg (Jan–Jun) 13.7682

H2 Avg (Jul–Dec) 12.8064

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 3.5869 NOK (High: 16.6383 / Low: 13.0513). On the other end, February was the most stable month, with a tight range of 0.2699 NOK (High: 13.2588 / Low: 12.9888).

March Spread (Volatile) ±3.5869

February Spread (Stable) ±0.2699

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 0.7730 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.7730

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 14.5011) against the same month in 2019 (average: 12.1321), the exchange rate shifted by +2.3690 (+19.53%).

2020 Avg (March) 14.5011

2019 Avg (March) 12.1321

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.9934	12.3762	12.6150
February	13.2588	12.9888	13.1031
March	16.6383	13.0513	14.5011
April	15.2182	14.3903	14.6983
May	14.7206	13.7066	14.2323
June	13.7014	13.0380	13.4594
July	13.4394	12.7441	13.1172
August	12.8784	12.3118	12.6197
September	13.4940	12.3432	12.9082
October	13.4432	12.8879	13.1096
November	13.5029	12.4476	12.8068
December	12.4664	12.0386	12.2769