YEARLY HIGH
0.1066 NOK
YEARLY LOW
0.0806 NOK
YEARLY AVERAGE
0.0882 NOK

2020 JPY to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JPY to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 0.1066. Conversely, the yearly low was recorded on January 15, dropping to 0.0806.

This high-to-low spread represents a total annual volatility of 0.0260 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0819 to the December average rate of 0.0839, the exchange rate registered a net change of 2.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1066 was up 23.91% compared to the 2019 peak of 0.0860, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 53,284 NOK
2019 Average 40,379 NOK
Yearly Trough Low 40,308 NOK
Transaction Impact: A difference of 12,976.71 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0981
0.0804
JanuMarcMayJulySeptNove

JPY 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 0.0902, compared to 0.0862 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.0902
H2 Avg (Jul–Dec) 0.0862

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0210 NOK (High: 0.1066 / Low: 0.0856). On the other end, December was the most stable month, with a tight range of 0.0020 NOK (High: 0.0848 / Low: 0.0828).

March Spread (Volatile) ±0.0210
December Spread (Stable) ±0.0020

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 0.0054 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0954) against the same month in 2019 (average: 0.0774), the exchange rate shifted by +0.0180 (+23.25%).

2020 Avg (March) 0.0954
2019 Avg (March) 0.0774

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0849 0.0806 0.0819
February 0.0869 0.0832 0.0845
March 0.1066 0.0856 0.0954
April 0.1001 0.0940 0.0966
May 0.0978 0.0902 0.0941
June 0.0907 0.0845 0.0887
July 0.0886 0.0852 0.0871
August 0.0861 0.0824 0.0844
September 0.0906 0.0826 0.0867
October 0.0912 0.0865 0.0883
November 0.0916 0.0846 0.0871
December 0.0848 0.0828 0.0839