YEARLY HIGH
12.4702 ALL
YEARLY LOW
9.4131 ALL
YEARLY AVERAGE
11.5473 ALL

2020 NOK to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 10, valuing the pair at 12.4702. Conversely, the yearly low was recorded on July 19, dropping to 9.4131.

This high-to-low spread represents a total annual volatility of 3.0571 ALL. From a start-to-finish perspective, comparing the January average rate of 12.2917 to the December average rate of 11.6617, the exchange rate registered a net change of -5.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 12.4702 was down 4.42% compared to the 2019 peak of 13.0474, 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 62,351 ALL
2019 Average 62,476 ALL
Yearly Trough Low 47,066 ALL
Transaction Impact: A difference of 15,285.32 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

12.4246
10.8299
JanuMarcMayJulySeptNove

NOK to ALL 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 11.5417, compared to 11.5530 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0113 points.

H1 Avg (Jan–Jun) 11.5417
H2 Avg (Jul–Dec) 11.5530

Volatility Range Comparison

Volatility

The most volatile month in 2020 was July, with a trading range of 2.4479 ALL (High: 11.8610 / Low: 9.4131). On the other end, December was the most stable month, with a tight range of 0.2354 ALL (High: 11.7950 / Low: 11.5596).

July Spread (Volatile) ±2.4479
December Spread (Stable) ±0.2354

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1.0879 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.0879

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 11.2918) against the same month in 2019 (average: 12.5834), the exchange rate shifted by -1.2917 (-10.26%).

2020 Avg (May) 11.2918
2019 Avg (May) 12.5834

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.4395 11.9544 12.2917
February 12.2189 11.8774 12.0507
March 11.9298 9.7359 10.9628
April 11.3854 10.6570 11.0793
May 12.4702 10.8002 11.2918
June 11.9029 11.3291 11.5740
July 11.8610 9.4131 11.5822
August 11.9397 11.5176 11.7174
September 11.8372 11.1134 11.5010
October 11.5176 11.1509 11.3401
November 11.7902 11.0894 11.5155
December 11.7950 11.5596 11.6617