YEARLY HIGH
0.0264 NOK
YEARLY LOW
0.0202 NOK
YEARLY AVERAGE
0.0228 NOK

2020 KZT to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the KZT to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 0.0264. Conversely, the yearly low was recorded on December 30, dropping to 0.0202.

This high-to-low spread represents a total annual volatility of 0.0061 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0236 to the December average rate of 0.0207, the exchange rate registered a net change of -12.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0264 was up 10.35% compared to the 2019 peak of 0.0239, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 132 NOK
2019 Average 115 NOK
Yearly Trough Low 101 NOK
Transaction Impact: A difference of 30.64 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0250
0.0203
JanuMarcMayJulySeptNove

KZT 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 0.0241, compared to 0.0215 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.0241
H2 Avg (Jul–Dec) 0.0215

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0032 NOK (High: 0.0264 / Low: 0.0232). On the other end, February was the most stable month, with a tight range of 0.0006 NOK (High: 0.0248 / Low: 0.0243).

March Spread (Volatile) ±0.0032
February Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between August and October, 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 July and August, when the average rate fell by 0.0012 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0012

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0246) against the same month in 2019 (average: 0.0227), the exchange rate shifted by +0.0018 (+8.00%).

2020 Avg (March) 0.0246
2019 Avg (March) 0.0227

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0243 0.0228 0.0236
February 0.0248 0.0243 0.0246
March 0.0264 0.0232 0.0246
April 0.0247 0.0231 0.0241
May 0.0247 0.0236 0.0241
June 0.0242 0.0232 0.0237
July 0.0234 0.0215 0.0225
August 0.0216 0.0208 0.0213
September 0.0224 0.0209 0.0215
October 0.0220 0.0213 0.0216
November 0.0221 0.0208 0.0212
December 0.0210 0.0202 0.0207