2020 NOK to ALL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
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.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |