YEARLY HIGH
0.2109 AWG
YEARLY LOW
0.1526 AWG
YEARLY AVERAGE
0.1918 AWG

2020 NOK to AWG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to AWG exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.2109. Conversely, the yearly low was recorded on March 21, dropping to 0.1526.

This high-to-low spread represents a total annual volatility of 0.0583 AWG. From a start-to-finish perspective, comparing the January average rate of 0.2013 to the December average rate of 0.2068, 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 0.2109 was down 1.55% compared to the 2019 peak of 0.2142, 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 1,054 AWG
2019 Average 1,024 AWG
Yearly Trough Low 763 AWG
Transaction Impact: A difference of 291.50 AWG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2102
0.1693
JanuMarcMayJulySeptNove

NOK to AWG 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 0.1852, compared to 0.1984 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0132 points.

H1 Avg (Jan–Jun) 0.1852
H2 Avg (Jul–Dec) 0.1984

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0419 AWG (High: 0.1945 / Low: 0.1526). On the other end, February was the most stable month, with a tight range of 0.0040 AWG (High: 0.1955 / Low: 0.1915).

March Spread (Volatile) ±0.0419
February Spread (Stable) ±0.0040

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 0.0176 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0176

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.2068) against the same month in 2019 (average: 0.1997), the exchange rate shifted by +0.0072 (+3.59%).

2020 Avg (December) 0.2068
2019 Avg (December) 0.1997

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2051 0.1955 0.2013
February 0.1955 0.1915 0.1938
March 0.1945 0.1526 0.1762
April 0.1764 0.1668 0.1728
May 0.1852 0.1725 0.1784
June 0.1947 0.1851 0.1887
July 0.1992 0.1889 0.1936
August 0.2062 0.1971 0.2012
September 0.2057 0.1881 0.1968
October 0.1970 0.1889 0.1937
November 0.2040 0.1880 0.1983
December 0.2109 0.2036 0.2068