2020 MVR to NOK Historical Review

YEARLY HIGH

0.7655 NOK

YEARLY LOW

0.5542 NOK

YEARLY AVERAGE

0.6106 NOK

2020 MVR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MVR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 0.7655. Conversely, the yearly low was recorded on December 30, dropping to 0.5542.

This high-to-low spread represents a total annual volatility of 0.2113 NOK. From a start-to-finish perspective, comparing the January average rate of 0.5787 to the December average rate of 0.5647, the exchange rate registered a net change of -2.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.7655 was up 27.93% compared to the 2019 peak of 0.5984, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,828 NOK

2019 Average 2,849 NOK

Yearly Trough Low 2,771 NOK

Transaction Impact: A difference of 1,056.34 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.6870

0.5535

JanuMarcMayJulySeptNove

MVR 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 0.6319, compared to 0.5893 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0426 points.

H1 Avg (Jan–Jun) 0.6319

H2 Avg (Jul–Dec) 0.5893

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1691 NOK (High: 0.7655 / Low: 0.5964). On the other end, February was the most stable month, with a tight range of 0.0118 NOK (High: 0.6073 / Low: 0.5955).

March Spread (Volatile) ±0.1691

February Spread (Stable) ±0.0118

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 0.0341 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0341

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.6657) against the same month in 2019 (average: 0.5565), the exchange rate shifted by +0.1092 (+19.63%).

2020 Avg (March) 0.6657

2019 Avg (March) 0.5565

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5955	0.5679	0.5787
February	0.6073	0.5955	0.6012
March	0.7655	0.5964	0.6657
April	0.6995	0.6621	0.6759
May	0.6733	0.6290	0.6521
June	0.6313	0.5974	0.6180
July	0.6187	0.5863	0.6038
August	0.5925	0.5665	0.5807
September	0.6208	0.5679	0.5941
October	0.6189	0.5930	0.6033
November	0.6213	0.5728	0.5894
December	0.5727	0.5542	0.5647