2020 NOK to AED Historical Review

YEARLY HIGH

0.4304 AED

YEARLY LOW

0.3114 AED

YEARLY AVERAGE

0.3914 AED

2020 NOK to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.4304. Conversely, the yearly low was recorded on March 21, dropping to 0.3114.

This high-to-low spread represents a total annual volatility of 0.1190 AED. From a start-to-finish perspective, comparing the January average rate of 0.4108 to the December average rate of 0.4221, the exchange rate registered a net change of 2.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.4304 was down 1.35% compared to the 2019 peak of 0.4362, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,152 AED

2019 Average 2,089 AED

Yearly Trough Low 1,557 AED

Transaction Impact: A difference of 594.94 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.4290

0.3456

JanuMarcMayJulySeptNove

NOK to AED 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 0.3779, compared to 0.4049 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0270 points.

H1 Avg (Jan–Jun) 0.3779

H2 Avg (Jul–Dec) 0.4049

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0856 AED (High: 0.3969 / Low: 0.3114). On the other end, February was the most stable month, with a tight range of 0.0083 AED (High: 0.3990 / Low: 0.3907).

March Spread (Volatile) ±0.0856

February Spread (Stable) ±0.0083

Growth Streaks & Declines

Trends

Between April and August, 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 February and March, when the average rate fell by 0.0360 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0360

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.4221) against the same month in 2019 (average: 0.4074), the exchange rate shifted by +0.0146 (+3.59%).

2020 Avg (December) 0.4221

2019 Avg (December) 0.4074

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4186	0.3990	0.4108
February	0.3990	0.3907	0.3954
March	0.3969	0.3114	0.3595
April	0.3600	0.3404	0.3525
May	0.3780	0.3519	0.3641
June	0.3974	0.3778	0.3850
July	0.4065	0.3855	0.3951
August	0.4208	0.4023	0.4106
September	0.4197	0.3839	0.4016
October	0.4020	0.3854	0.3952
November	0.4163	0.3837	0.4047
December	0.4304	0.4156	0.4221