YEARLY HIGH
0.1645 AUD
YEARLY LOW
0.1463 AUD
YEARLY AVERAGE
0.1544 AUD

2020 NOK to AUD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to AUD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.1645. Conversely, the yearly low was recorded on March 21, dropping to 0.1463.

This high-to-low spread represents a total annual volatility of 0.0182 AUD. From a start-to-finish perspective, comparing the January average rate of 0.1629 to the December average rate of 0.1524, the exchange rate registered a net change of -6.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1645 was down 3.07% compared to the 2019 peak of 0.1698, 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 823 AUD
2019 Average 818 AUD
Yearly Trough Low 732 AUD
Transaction Impact: A difference of 91.06 AUD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1641
0.1497
JanuMarcMayJulySeptNove

NOK to AUD 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 0.1564, compared to 0.1524 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.1564
H2 Avg (Jul–Dec) 0.1524

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0180 AUD (High: 0.1644 / Low: 0.1463). On the other end, July was the most stable month, with a tight range of 0.0028 AUD (High: 0.1545 / Low: 0.1517).

March Spread (Volatile) ±0.0180
July Spread (Stable) ±0.0028

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0048 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0048

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.1629) against the same month in 2019 (average: 0.1634), the exchange rate shifted by -0.0006 (-0.34%).

2020 Avg (January) 0.1629
2019 Avg (January) 0.1634

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1645 0.1616 0.1629
February 0.1635 0.1601 0.1616
March 0.1644 0.1463 0.1572
April 0.1586 0.1471 0.1524
May 0.1543 0.1498 0.1521
June 0.1552 0.1499 0.1520
July 0.1545 0.1517 0.1531
August 0.1575 0.1533 0.1552
September 0.1549 0.1486 0.1513
October 0.1530 0.1491 0.1509
November 0.1538 0.1483 0.1513
December 0.1543 0.1505 0.1524