YEARLY HIGH
0.0597 NOK
YEARLY LOW
0.0438 NOK
YEARLY AVERAGE
0.0493 NOK

2020 LRD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the LRD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 0.0597. Conversely, the yearly low was recorded on August 31, dropping to 0.0438.

This high-to-low spread represents a total annual volatility of 0.0159 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0467 to the December average rate of 0.0540, the exchange rate registered a net change of 15.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0597 was up 6.97% compared to the 2019 peak of 0.0558, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 298 NOK
2019 Average 238 NOK
Yearly Trough Low 219 NOK
Transaction Impact: A difference of 79.40 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0558
0.0439
JanuMarcMayJulySeptNove

LRD 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 0.0496, compared to 0.0490 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0496
H2 Avg (Jul–Dec) 0.0490

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0129 NOK (High: 0.0597 / Low: 0.0468). On the other end, February was the most stable month, with a tight range of 0.0006 NOK (High: 0.0476 / Low: 0.0470).

March Spread (Volatile) ±0.0129
February Spread (Stable) ±0.0006

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 0.0029 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0029

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0520) against the same month in 2019 (average: 0.0531), the exchange rate shifted by -0.0011 (-2.00%).

2020 Avg (March) 0.0520
2019 Avg (March) 0.0531

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0472 0.0462 0.0467
February 0.0476 0.0470 0.0473
March 0.0597 0.0468 0.0520
April 0.0544 0.0515 0.0526
May 0.0527 0.0489 0.0509
June 0.0488 0.0465 0.0479
July 0.0478 0.0453 0.0467
August 0.0458 0.0438 0.0449
September 0.0481 0.0439 0.0460
October 0.0520 0.0461 0.0479
November 0.0581 0.0514 0.0548
December 0.0559 0.0521 0.0540