YEARLY HIGH
0.6775 NOK
YEARLY LOW
0.5031 NOK
YEARLY AVERAGE
0.5734 NOK

2020 NAD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NAD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.6775. Conversely, the yearly low was recorded on August 31, dropping to 0.5031.

This high-to-low spread represents a total annual volatility of 0.1744 NOK. From a start-to-finish perspective, comparing the January average rate of 0.6230 to the December average rate of 0.5851, the exchange rate registered a net change of -6.07% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.6775 was up 6.41% compared to the 2019 peak of 0.6367, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,387 NOK
2019 Average 3,042 NOK
Yearly Trough Low 2,516 NOK
Transaction Impact: A difference of 871.89 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.6337
0.5053
JanuMarcMayJulySeptNove

NAD 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 0.5893, compared to 0.5575 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0318 points.

H1 Avg (Jan–Jun) 0.5893
H2 Avg (Jul–Dec) 0.5575

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0919 NOK (High: 0.6775 / Low: 0.5856). On the other end, February was the most stable month, with a tight range of 0.0147 NOK (High: 0.6249 / Low: 0.6102).

March Spread (Volatile) ±0.0919
February Spread (Stable) ±0.0147

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0560 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0560

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.6178) against the same month in 2019 (average: 0.5988), the exchange rate shifted by +0.0189 (+3.16%).

2020 Avg (March) 0.6178
2019 Avg (March) 0.5988

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6307 0.6150 0.6230
February 0.6249 0.6102 0.6204
March 0.6775 0.5856 0.6178
April 0.5823 0.5438 0.5618
May 0.5686 0.5425 0.5551
June 0.5790 0.5482 0.5575
July 0.5642 0.5431 0.5553
August 0.5500 0.5031 0.5160
September 0.5650 0.5044 0.5448
October 0.5834 0.5088 0.5596
November 0.5914 0.5719 0.5840
December 0.5956 0.5740 0.5851