2020 MXN to NOK Historical Review

YEARLY HIGH

0.5018 NOK

YEARLY LOW

0.3983 NOK

YEARLY AVERAGE

0.4399 NOK

2020 MXN to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MXN to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 0.5018. Conversely, the yearly low was recorded on August 31, dropping to 0.3983.

This high-to-low spread represents a total annual volatility of 0.1035 NOK. From a start-to-finish perspective, comparing the January average rate of 0.4757 to the December average rate of 0.4363, the exchange rate registered a net change of -8.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.5018 was up 3.97% compared to the 2019 peak of 0.4826, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 MXN based on timing:

Yearly Peak High 25,090 NOK

2019 Average 22,859 NOK

Yearly Trough Low 19,915 NOK

Transaction Impact: A difference of 5,175.04 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.5019

0.3950

JanuMarcMayJulySeptNove

MXN 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 0.4529, compared to 0.4269 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0260 points.

H1 Avg (Jan–Jun) 0.4529

H2 Avg (Jul–Dec) 0.4269

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0445 NOK (High: 0.4830 / Low: 0.4385). On the other end, November was the most stable month, with a tight range of 0.0097 NOK (High: 0.4499 / Low: 0.4403).

March Spread (Volatile) ±0.0445

November Spread (Stable) ±0.0097

Growth Streaks & Declines

Trends

Between August and November, 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 February and March, when the average rate fell by 0.0324 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0324

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.4930) against the same month in 2019 (average: 0.4476), the exchange rate shifted by +0.0454 (+10.14%).

2020 Avg (February) 0.4930

2019 Avg (February) 0.4476

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4901	0.4639	0.4757
February	0.5018	0.4791	0.4930
March	0.4830	0.4385	0.4606
April	0.4408	0.4171	0.4304
May	0.4457	0.4171	0.4305
June	0.4381	0.4181	0.4272
July	0.4238	0.4079	0.4152
August	0.4106	0.3983	0.4039
September	0.4351	0.4024	0.4231
October	0.4491	0.4262	0.4375
November	0.4499	0.4403	0.4452
December	0.4451	0.4291	0.4363