2020 NOK to BAM Historical Review

YEARLY HIGH

0.1995 BAM

YEARLY LOW

0.1545 BAM

YEARLY AVERAGE

0.1826 BAM

2020 NOK to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.1995. Conversely, the yearly low was recorded on March 21, dropping to 0.1545.

This high-to-low spread represents a total annual volatility of 0.0450 BAM. From a start-to-finish perspective, comparing the January average rate of 0.1970 to the December average rate of 0.1847, the exchange rate registered a net change of -6.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1995 was down 2.55% compared to the 2019 peak of 0.2048, 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 998 BAM

2019 Average 993 BAM

Yearly Trough Low 772 BAM

Transaction Impact: A difference of 225.20 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1994

0.1704

JanuMarcMayJulySeptNove

NOK to BAM 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 0.1826, compared to 0.1826 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.1826

H2 Avg (Jul–Dec) 0.1826

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0351 BAM (High: 0.1896 / Low: 0.1545). On the other end, December was the most stable month, with a tight range of 0.0042 BAM (High: 0.1867 / Low: 0.1825).

March Spread (Volatile) ±0.0351

December Spread (Stable) ±0.0042

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 0.0201 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0201

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.1970) against the same month in 2019 (average: 0.2002), the exchange rate shifted by -0.0032 (-1.61%).

2020 Avg (January) 0.1970

2019 Avg (January) 0.2002

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1995	0.1925	0.1970
February	0.1955	0.1893	0.1930
March	0.1896	0.1545	0.1729
April	0.1760	0.1668	0.1728
May	0.1817	0.1712	0.1778
June	0.1877	0.1784	0.1822
July	0.1879	0.1812	0.1839
August	0.1881	0.1812	0.1849
September	0.1864	0.1756	0.1813
October	0.1815	0.1758	0.1789
November	0.1864	0.1750	0.1821
December	0.1867	0.1825	0.1847