2020 NOK to BOB Historical Review

YEARLY HIGH

0.8055 BOB

YEARLY LOW

0.5838 BOB

YEARLY AVERAGE

0.7355 BOB

2020 NOK to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.8055. Conversely, the yearly low was recorded on March 21, dropping to 0.5838.

This high-to-low spread represents a total annual volatility of 0.2217 BOB. From a start-to-finish perspective, comparing the January average rate of 0.7733 to the December average rate of 0.7922, the exchange rate registered a net change of 2.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.8055 was down 1.70% compared to the 2019 peak of 0.8195, 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 4,028 BOB

2019 Average 3,930 BOB

Yearly Trough Low 2,919 BOB

Transaction Impact: A difference of 1,108.61 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.8052

0.6487

JanuMarcMayJulySeptNove

NOK to BOB 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 0.7102, compared to 0.7608 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0505 points.

H1 Avg (Jan–Jun) 0.7102

H2 Avg (Jul–Dec) 0.7608

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1625 BOB (High: 0.7463 / Low: 0.5838). On the other end, February was the most stable month, with a tight range of 0.0159 BOB (High: 0.7511 / Low: 0.7352).

March Spread (Volatile) ±0.1625

February Spread (Stable) ±0.0159

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 0.0703 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0703

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.7922) against the same month in 2019 (average: 0.7667), the exchange rate shifted by +0.0255 (+3.32%).

2020 Avg (December) 0.7922

2019 Avg (December) 0.7667

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7910	0.7511	0.7733
February	0.7511	0.7352	0.7444
March	0.7463	0.5838	0.6741
April	0.6756	0.6390	0.6617
May	0.7102	0.6564	0.6838
June	0.7479	0.7110	0.7241
July	0.7662	0.7247	0.7428
August	0.7892	0.7557	0.7717
September	0.7887	0.7219	0.7550
October	0.7563	0.7244	0.7430
November	0.7826	0.7211	0.7600
December	0.8055	0.7786	0.7922