2020 KWD to NOK Historical Review

YEARLY HIGH

37.9042 NOK

YEARLY LOW

28.0629 NOK

YEARLY AVERAGE

30.6983 NOK

2020 KWD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the KWD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 37.9042. Conversely, the yearly low was recorded on December 30, dropping to 28.0629.

This high-to-low spread represents a total annual volatility of 9.8412 NOK. From a start-to-finish perspective, comparing the January average rate of 29.4693 to the December average rate of 28.5476, the exchange rate registered a net change of -3.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 37.9042 was up 24.79% compared to the 2019 peak of 30.3738, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 189,521 NOK

2019 Average 144,794 NOK

Yearly Trough Low 140,315 NOK

Transaction Impact: A difference of 49,206.19 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

33.9803

28.0537

JanuMarcMayJulySeptNove

KWD 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 31.7154, compared to 29.6813 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.0341 points.

H1 Avg (Jan–Jun) 31.7154

H2 Avg (Jul–Dec) 29.6813

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 7.6468 NOK (High: 37.9042 / Low: 30.2573). On the other end, February was the most stable month, with a tight range of 0.4319 NOK (High: 30.7093 / Low: 30.2774).

March Spread (Volatile) ±7.6468

February Spread (Stable) ±0.4319

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 1.6613 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.6613

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 33.2323) against the same month in 2019 (average: 28.3160), the exchange rate shifted by +4.9163 (+17.36%).

2020 Avg (March) 33.2323

2019 Avg (March) 28.3160

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	30.2958	28.8851	29.4693
February	30.7093	30.2774	30.4477
March	37.9042	30.2573	33.2323
April	34.5870	32.7990	33.4864
May	33.7376	31.5330	32.6589
June	31.5740	30.0079	30.9975
July	30.9624	29.5498	30.2699
August	29.8269	28.5904	29.2664
September	31.2185	28.6673	29.9134
October	31.1631	29.8625	30.3829
November	31.3360	28.8766	29.7076
December	28.9846	28.0629	28.5476