YEARLY HIGH
0.2103 ANG
YEARLY LOW
0.1514 ANG
YEARLY AVERAGE
0.1893 ANG

2020 NOK to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.2103. Conversely, the yearly low was recorded on March 21, dropping to 0.1514.

This high-to-low spread represents a total annual volatility of 0.0589 ANG. From a start-to-finish perspective, comparing the January average rate of 0.1863 to the December average rate of 0.2063, the exchange rate registered a net change of 10.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2103 was down 4.84% compared to the 2019 peak of 0.2210, 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 1,052 ANG
2019 Average 1,022 ANG
Yearly Trough Low 757 ANG
Transaction Impact: A difference of 294.33 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2097
0.1685
JanuMarcMayJulySeptNove

NOK to ANG 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 0.1808, compared to 0.1979 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0170 points.

H1 Avg (Jan–Jun) 0.1808
H2 Avg (Jul–Dec) 0.1979

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0421 ANG (High: 0.1936 / Low: 0.1514). On the other end, December was the most stable month, with a tight range of 0.0073 ANG (High: 0.2103 / Low: 0.2030).

March Spread (Volatile) ±0.0421
December Spread (Stable) ±0.0073

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 0.0105 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0105

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.2063) against the same month in 2019 (average: 0.1887), the exchange rate shifted by +0.0176 (+9.31%).

2020 Avg (December) 0.2063
2019 Avg (December) 0.1887

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1930 0.1787 0.1863
February 0.1937 0.1704 0.1856
March 0.1936 0.1514 0.1751
April 0.1754 0.1664 0.1719
May 0.1846 0.1709 0.1779
June 0.1942 0.1846 0.1881
July 0.1989 0.1884 0.1931
August 0.2055 0.1964 0.2006
September 0.2050 0.1877 0.1963
October 0.1965 0.1883 0.1931
November 0.2034 0.1875 0.1978
December 0.2103 0.2030 0.2063