YEARLY HIGH
0.0111 NOK
YEARLY LOW
0.0056 NOK
YEARLY AVERAGE
0.0062 NOK

2020 LBP to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the LBP to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 6, valuing the pair at 0.0111. Conversely, the yearly low was recorded on December 30, dropping to 0.0056.

This high-to-low spread represents a total annual volatility of 0.0055 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0059 to the December average rate of 0.0057, the exchange rate registered a net change of -2.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0111 was up 81.69% compared to the 2019 peak of 0.0061, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 56 NOK
2019 Average 29 NOK
Yearly Trough Low 28 NOK
Transaction Impact: A difference of 27.33 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0070
0.0056
JanuMarcMayJulySeptNove

LBP 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 0.0065, compared to 0.0060 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0065
H2 Avg (Jul–Dec) 0.0060

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 0.0051 NOK (High: 0.0111 / Low: 0.0060). On the other end, February was the most stable month, with a tight range of 0.0001 NOK (High: 0.0062 / Low: 0.0061).

July Spread (Volatile) ±0.0051
February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and March, 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 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2020: 0.0063) against the same month in 2019 (average: 0.0057), the exchange rate shifted by +0.0006 (+10.52%).

2020 Avg (July) 0.0063
2019 Avg (July) 0.0057

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0061 0.0058 0.0059
February 0.0062 0.0061 0.0061
March 0.0102 0.0061 0.0069
April 0.0071 0.0067 0.0069
May 0.0069 0.0064 0.0067
June 0.0064 0.0058 0.0063
July 0.0111 0.0060 0.0063
August 0.0060 0.0058 0.0059
September 0.0063 0.0058 0.0060
October 0.0063 0.0060 0.0061
November 0.0063 0.0058 0.0060
December 0.0058 0.0056 0.0057