2020 NOK to BND Historical Review

YEARLY HIGH

0.1557 BND

YEARLY LOW

0.1224 BND

YEARLY AVERAGE

0.1468 BND

2020 NOK to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on August 31, valuing the pair at 0.1557. Conversely, the yearly low was recorded on March 21, dropping to 0.1224.

This high-to-low spread represents a total annual volatility of 0.0333 BND. From a start-to-finish perspective, comparing the January average rate of 0.1511 to the December average rate of 0.1531, the exchange rate registered a net change of 1.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1557 was down 16.81% compared to the 2019 peak of 0.1872, 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 778 BND

2019 Average 782 BND

Yearly Trough Low 612 BND

Transaction Impact: A difference of 166.50 BND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1547

0.1351

JanuMarcMayJulySeptNove

NOK to BND 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 0.1437, compared to 0.1499 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0062 points.

H1 Avg (Jan–Jun) 0.1437

H2 Avg (Jul–Dec) 0.1499

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0276 BND (High: 0.1500 / Low: 0.1224). On the other end, February was the most stable month, with a tight range of 0.0037 BND (High: 0.1510 / Low: 0.1473).

March Spread (Volatile) ±0.0276

February Spread (Stable) ±0.0037

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 0.0112 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0112

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 0.1531) against the same month in 2019 (average: 0.1507), the exchange rate shifted by +0.0024 (+1.58%).

2020 Avg (August) 0.1531

2019 Avg (August) 0.1507

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1541	0.1482	0.1511
February	0.1510	0.1473	0.1495
March	0.1500	0.1224	0.1384
April	0.1395	0.1322	0.1367
May	0.1452	0.1342	0.1405
June	0.1506	0.1430	0.1460
July	0.1526	0.1463	0.1493
August	0.1557	0.1507	0.1531
September	0.1551	0.1436	0.1493
October	0.1485	0.1433	0.1463
November	0.1522	0.1425	0.1485
December	0.1552	0.1511	0.1531