2020 NOK to BHD Historical Review

YEARLY HIGH

0.0442 BHD

YEARLY LOW

0.0320 BHD

YEARLY AVERAGE

0.0402 BHD

2020 NOK to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0442. Conversely, the yearly low was recorded on March 22, dropping to 0.0320.

This high-to-low spread represents a total annual volatility of 0.0122 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0422 to the December average rate of 0.0433, the exchange rate registered a net change of 2.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0442 was down 1.32% compared to the 2019 peak of 0.0448, 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 221 BHD

2019 Average 214 BHD

Yearly Trough Low 160 BHD

Transaction Impact: A difference of 60.90 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0440

0.0355

JanuMarcMayJulySeptNove

NOK to BHD 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 0.0388, compared to 0.0416 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.0388

H2 Avg (Jul–Dec) 0.0416

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0087 BHD (High: 0.0407 / Low: 0.0320). On the other end, February was the most stable month, with a tight range of 0.0009 BHD (High: 0.0410 / Low: 0.0401).

March Spread (Volatile) ±0.0087

February Spread (Stable) ±0.0009

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 0.0037 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0433) against the same month in 2019 (average: 0.0418), the exchange rate shifted by +0.0015 (+3.59%).

2020 Avg (December) 0.0433

2019 Avg (December) 0.0418

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0431	0.0410	0.0422
February	0.0410	0.0401	0.0406
March	0.0407	0.0320	0.0369
April	0.0370	0.0350	0.0362
May	0.0388	0.0362	0.0374
June	0.0408	0.0388	0.0396
July	0.0417	0.0396	0.0406
August	0.0432	0.0413	0.0421
September	0.0431	0.0394	0.0412
October	0.0413	0.0396	0.0406
November	0.0427	0.0394	0.0415
December	0.0442	0.0426	0.0433