YEARLY HIGH
0.6322 BRL
YEARLY LOW
0.4293 BRL
YEARLY AVERAGE
0.5485 BRL

2020 NOK to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on August 26, valuing the pair at 0.6322. Conversely, the yearly low was recorded on March 21, dropping to 0.4293.

This high-to-low spread represents a total annual volatility of 0.2029 BRL. From a start-to-finish perspective, comparing the January average rate of 0.4631 to the December average rate of 0.5913, the exchange rate registered a net change of 27.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.6322 was up 35.43% compared to the 2019 peak of 0.4668, 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 3,161 BRL
2019 Average 2,241 BRL
Yearly Trough Low 2,146 BRL
Transaction Impact: A difference of 1,014.71 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.6235
0.4485
JanuMarcMayJulySeptNove

NOK to BRL 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 0.5030, compared to 0.5939 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0908 points.

H1 Avg (Jan–Jun) 0.5030
H2 Avg (Jul–Dec) 0.5939

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0707 BRL (High: 0.5000 / Low: 0.4293). On the other end, January was the most stable month, with a tight range of 0.0137 BRL (High: 0.4714 / Low: 0.4576).

March Spread (Volatile) ±0.0707
January Spread (Stable) ±0.0137

Growth Streaks & Declines

Trends

Between January and May, 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 August and September, when the average rate fell by 0.0189 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0189

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 0.6089) against the same month in 2019 (average: 0.4485), the exchange rate shifted by +0.1604 (+35.76%).

2020 Avg (August) 0.6089
2019 Avg (August) 0.4485

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4714 0.4576 0.4631
February 0.4777 0.4575 0.4679
March 0.5000 0.4293 0.4768
April 0.5388 0.4981 0.5102
May 0.5796 0.5252 0.5561
June 0.5676 0.5162 0.5442
July 0.5804 0.5586 0.5690
August 0.6322 0.5734 0.6089
September 0.6170 0.5793 0.5900
October 0.6203 0.5981 0.6057
November 0.6171 0.5855 0.5982
December 0.6085 0.5732 0.5913