2020 NOK to CAD Historical Review

YEARLY HIGH

0.1495 CAD

YEARLY LOW

0.1218 CAD

YEARLY AVERAGE

0.1427 CAD

2020 NOK to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 17, valuing the pair at 0.1495. Conversely, the yearly low was recorded on March 21, dropping to 0.1218.

This high-to-low spread represents a total annual volatility of 0.0277 CAD. From a start-to-finish perspective, comparing the January average rate of 0.1462 to the December average rate of 0.1472, the exchange rate registered a net change of 0.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1495 was down 5.52% compared to the 2019 peak of 0.1582, 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 747 CAD

2019 Average 754 CAD

Yearly Trough Low 609 CAD

Transaction Impact: A difference of 138.47 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1493

0.1336

JanuMarcMayJulySeptNove

NOK to CAD 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 0.1402, compared to 0.1452 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0050 points.

H1 Avg (Jan–Jun) 0.1402

H2 Avg (Jul–Dec) 0.1452

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0233 CAD (High: 0.1451 / Low: 0.1218). On the other end, February was the most stable month, with a tight range of 0.0024 CAD (High: 0.1443 / Low: 0.1418).

March Spread (Volatile) ±0.0233

February Spread (Stable) ±0.0024

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 0.0069 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0069

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 0.1480) against the same month in 2019 (average: 0.1481), the exchange rate shifted by -0.0001 (-0.06%).

2020 Avg (August) 0.1480

2019 Avg (August) 0.1481

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1479	0.1437	0.1462
February	0.1443	0.1418	0.1430
March	0.1451	0.1218	0.1361
April	0.1368	0.1315	0.1349
May	0.1417	0.1354	0.1387
June	0.1447	0.1408	0.1421
July	0.1481	0.1424	0.1453
August	0.1495	0.1462	0.1480
September	0.1492	0.1399	0.1445
October	0.1441	0.1397	0.1421
November	0.1473	0.1383	0.1441
December	0.1494	0.1448	0.1472