2020 NOK to BIF Historical Review

YEARLY HIGH

227.5216 BIF

YEARLY LOW

160.5721 BIF

YEARLY AVERAGE

204.0394 BIF

2020 NOK to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 227.5216. Conversely, the yearly low was recorded on March 22, dropping to 160.5721.

This high-to-low spread represents a total annual volatility of 66.9495 BIF. From a start-to-finish perspective, comparing the January average rate of 210.7634 to the December average rate of 223.2101, the exchange rate registered a net change of 5.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 227.5216 was up 4.67% compared to the 2019 peak of 217.3610, 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 1,137,608 BIF

2019 Average 1,047,063 BIF

Yearly Trough Low 802,861 BIF

Transaction Impact: A difference of 334,747.27 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

227.3329

177.8592

JanuMarcMayJulySeptNove

NOK to BIF 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 194.9514, compared to 213.1273 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 18.1758 points.

H1 Avg (Jan–Jun) 194.9514

H2 Avg (Jul–Dec) 213.1273

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 44.0554 BIF (High: 204.6275 / Low: 160.5721). On the other end, February was the most stable month, with a tight range of 4.6832 BIF (High: 205.4140 / Low: 200.7308).

March Spread (Volatile) ±44.0554

February Spread (Stable) ±4.6832

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 18.1519 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -18.1519

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 223.2101) against the same month in 2019 (average: 208.2412), the exchange rate shifted by +14.9689 (+7.19%).

2020 Avg (December) 223.2101

2019 Avg (December) 208.2412

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	214.4374	205.1981	210.7634
February	205.4140	200.7308	203.2561
March	204.6275	160.5721	185.1042
April	186.2243	175.9879	181.9820
May	196.3367	181.0535	188.6954
June	205.7742	196.4158	199.9075
July	213.5117	201.5082	206.9587
August	220.9396	211.0608	215.5732
September	220.4644	201.8344	211.1792
October	211.6952	203.2169	208.1900
November	220.0356	202.0858	213.6524
December	227.5216	219.5946	223.2101