YEARLY HIGH
0.2362 BZD
YEARLY LOW
0.1705 BZD
YEARLY AVERAGE
0.2147 BZD

2020 NOK to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.2362. Conversely, the yearly low was recorded on March 21, dropping to 0.1705.

This high-to-low spread represents a total annual volatility of 0.0656 BZD. From a start-to-finish perspective, comparing the January average rate of 0.2254 to the December average rate of 0.2316, the exchange rate registered a net change of 2.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2362 was down 1.32% compared to the 2019 peak of 0.2393, 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 1,181 BZD
2019 Average 1,146 BZD
Yearly Trough Low 853 BZD
Transaction Impact: A difference of 328.20 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2355
0.1893
JanuMarcMayJulySeptNove

NOK to BZD 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 0.2072, compared to 0.2221 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0149 points.

H1 Avg (Jan–Jun) 0.2072
H2 Avg (Jul–Dec) 0.2221

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0474 BZD (High: 0.2180 / Low: 0.1705). On the other end, February was the most stable month, with a tight range of 0.0046 BZD (High: 0.2189 / Low: 0.2143).

March Spread (Volatile) ±0.0474
February Spread (Stable) ±0.0046

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 0.0201 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0201

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.2316) against the same month in 2019 (average: 0.2235), the exchange rate shifted by +0.0081 (+3.62%).

2020 Avg (December) 0.2316
2019 Avg (December) 0.2235

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2309 0.2189 0.2254
February 0.2189 0.2143 0.2170
March 0.2180 0.1705 0.1969
April 0.1970 0.1868 0.1931
May 0.2073 0.1919 0.1998
June 0.2180 0.2073 0.2113
July 0.2233 0.2116 0.2168
August 0.2307 0.2202 0.2251
September 0.2302 0.2107 0.2204
October 0.2206 0.2118 0.2169
November 0.2285 0.2105 0.2221
December 0.2362 0.2280 0.2316