YEARLY HIGH
0.0094 NOK
YEARLY LOW
0.0073 NOK
YEARLY AVERAGE
0.0080 NOK

2020 KRW to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the KRW to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 0.0094. Conversely, the yearly low was recorded on August 31, dropping to 0.0073.

This high-to-low spread represents a total annual volatility of 0.0021 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0077 to the December average rate of 0.0080, the exchange rate registered a net change of 3.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0094 was up 18.46% compared to the 2019 peak of 0.0079, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 47,000 NOK
2019 Average 37,765 NOK
Yearly Trough Low 36,738 NOK
Transaction Impact: A difference of 10,261.87 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0086
0.0074
JanuMarcMayJulySeptNove

KRW 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 0.0081, compared to 0.0079 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0081
H2 Avg (Jul–Dec) 0.0079

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0016 NOK (High: 0.0094 / Low: 0.0078). On the other end, February was the most stable month, with a tight range of 0.0002 NOK (High: 0.0078 / Low: 0.0077).

March Spread (Volatile) ±0.0016
February Spread (Stable) ±0.0002

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 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0084) against the same month in 2019 (average: 0.0076), the exchange rate shifted by +0.0008 (+11.19%).

2020 Avg (March) 0.0084
2019 Avg (March) 0.0076

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0078 0.0075 0.0077
February 0.0078 0.0077 0.0078
March 0.0094 0.0078 0.0084
April 0.0088 0.0084 0.0085
May 0.0085 0.0079 0.0082
June 0.0081 0.0077 0.0079
July 0.0079 0.0076 0.0078
August 0.0077 0.0073 0.0075
September 0.0081 0.0074 0.0078
October 0.0084 0.0080 0.0081
November 0.0084 0.0080 0.0081
December 0.0081 0.0078 0.0080