YEARLY HIGH
0.3474 NOK
YEARLY LOW
0.2447 NOK
YEARLY AVERAGE
0.2740 NOK

2020 NIO to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NIO to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 0.3474. Conversely, the yearly low was recorded on December 30, dropping to 0.2447.

This high-to-low spread represents a total annual volatility of 0.1027 NOK. From a start-to-finish perspective, comparing the January average rate of 0.2635 to the December average rate of 0.2497, the exchange rate registered a net change of -5.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.3474 was up 26.84% compared to the 2019 peak of 0.2739, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,737 NOK
2019 Average 1,323 NOK
Yearly Trough Low 1,224 NOK
Transaction Impact: A difference of 513.50 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.3112
0.2441
JanuMarcMayJulySeptNove

NIO 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 0.2869, compared to 0.2612 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0257 points.

H1 Avg (Jan–Jun) 0.2869
H2 Avg (Jul–Dec) 0.2612

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0772 NOK (High: 0.3474 / Low: 0.2702). On the other end, February was the most stable month, with a tight range of 0.0078 NOK (High: 0.2774 / Low: 0.2696).

March Spread (Volatile) ±0.0772
February Spread (Stable) ±0.0078

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 0.0175 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0175

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.3027) against the same month in 2019 (average: 0.2621), the exchange rate shifted by +0.0406 (+15.50%).

2020 Avg (March) 0.3027
2019 Avg (March) 0.2621

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2702 0.2588 0.2635
February 0.2774 0.2696 0.2733
March 0.3474 0.2702 0.3027
April 0.3174 0.2969 0.3056
May 0.3052 0.2858 0.2968
June 0.2852 0.2715 0.2793
July 0.2799 0.2606 0.2689
August 0.2644 0.2506 0.2574
September 0.2759 0.2510 0.2633
October 0.2740 0.2623 0.2674
November 0.2757 0.2532 0.2603
December 0.2537 0.2447 0.2497