2020 NOK to BGN Historical Review

YEARLY HIGH

0.1990 BGN

YEARLY LOW

0.1551 BGN

YEARLY AVERAGE

0.1825 BGN

2020 NOK to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.1990. Conversely, the yearly low was recorded on March 21, dropping to 0.1551.

This high-to-low spread represents a total annual volatility of 0.0439 BGN. 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 0.1990 was down 3.26% compared to the 2019 peak of 0.2057, 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 995 BGN

2019 Average 993 BGN

Yearly Trough Low 776 BGN

Transaction Impact: A difference of 219.32 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1994

0.1703

JanuMarcMayJulySeptNove

NOK to BGN 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 0.1825 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) 0.1825

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0348 BGN (High: 0.1899 / Low: 0.1551). On the other end, December was the most stable month, with a tight range of 0.0038 BGN (High: 0.1865 / Low: 0.1827).

March Spread (Volatile) ±0.0348

December Spread (Stable) ±0.0038

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 0.0199 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0199

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: 0.2003), the exchange rate shifted by -0.0033 (-1.67%).

2020 Avg (January) 0.1970

2019 Avg (January) 0.2003

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1990	0.1918	0.1970
February	0.1953	0.1886	0.1928
March	0.1899	0.1551	0.1730
April	0.1761	0.1675	0.1727
May	0.1813	0.1712	0.1777
June	0.1874	0.1792	0.1822
July	0.1866	0.1816	0.1836
August	0.1877	0.1816	0.1848
September	0.1877	0.1760	0.1815
October	0.1812	0.1757	0.1788
November	0.1859	0.1752	0.1819
December	0.1865	0.1827	0.1847