YEARLY HIGH
1.3230 BWP
YEARLY LOW
0.9582 BWP
YEARLY AVERAGE
1.2175 BWP

2020 NOK to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 17, valuing the pair at 1.3230. Conversely, the yearly low was recorded on March 21, dropping to 0.9582.

This high-to-low spread represents a total annual volatility of 0.3648 BWP. From a start-to-finish perspective, comparing the January average rate of 1.1992 to the December average rate of 1.2517, the exchange rate registered a net change of 4.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.3230 was up 4.03% compared to the 2019 peak of 1.2717, 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 6,615 BWP
2019 Average 6,114 BWP
Yearly Trough Low 4,791 BWP
Transaction Impact: A difference of 1,824.21 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.3190
1.1016
JanuMarcMayJulySeptNove

NOK to BWP 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 1.1820, compared to 1.2530 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0709 points.

H1 Avg (Jan–Jun) 1.1820
H2 Avg (Jul–Dec) 1.2530

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.2473 BWP (High: 1.2055 / Low: 0.9582). On the other end, February was the most stable month, with a tight range of 0.0196 BWP (High: 1.1938 / Low: 1.1742).

March Spread (Volatile) ±0.2473
February Spread (Stable) ±0.0196

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0638 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0638

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 1.3009) against the same month in 2019 (average: 1.2264), the exchange rate shifted by +0.0744 (+6.07%).

2020 Avg (August) 1.3009
2019 Avg (August) 1.2264

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2128 1.1819 1.1992
February 1.1938 1.1742 1.1836
March 1.2055 0.9582 1.1197
April 1.1985 1.1317 1.1676
May 1.2188 1.1441 1.1953
June 1.2548 1.1981 1.2267
July 1.2719 1.2259 1.2457
August 1.3230 1.2670 1.3009
September 1.3054 1.2201 1.2579
October 1.2552 1.1982 1.2326
November 1.2517 1.1908 1.2290
December 1.2639 1.2322 1.2517