YEARLY HIGH
230.9765 CDF
YEARLY LOW
144.9579 CDF
YEARLY AVERAGE
197.5110 CDF

2020 NOK to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 230.9765. Conversely, the yearly low was recorded on March 21, dropping to 144.9579.

This high-to-low spread represents a total annual volatility of 86.0186 CDF. From a start-to-finish perspective, comparing the January average rate of 188.6080 to the December average rate of 224.6397, the exchange rate registered a net change of 19.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 230.9765 was up 18.17% compared to the 2019 peak of 195.4601, 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 1,154,882 CDF
2019 Average 939,701 CDF
Yearly Trough Low 724,789 CDF
Transaction Impact: A difference of 430,092.92 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

230.6125
158.9400
JanuMarcMayJulySeptNove

NOK to CDF 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 179.2753, compared to 215.7467 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 36.4714 points.

H1 Avg (Jan–Jun) 179.2753
H2 Avg (Jul–Dec) 215.7467

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 62.1666 CDF (High: 230.9765 / Low: 168.8099). On the other end, February was the most stable month, with a tight range of 3.0086 CDF (High: 183.3131 / Low: 180.3045).

December Spread (Volatile) ±62.1666
February Spread (Stable) ±3.0086

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 15.2043 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -15.2043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 224.6397) against the same month in 2019 (average: 186.1629), the exchange rate shifted by +38.4768 (+20.67%).

2020 Avg (December) 224.6397
2019 Avg (December) 186.1629

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 192.5016 183.0639 188.6080
February 183.3131 180.3045 181.9861
March 183.7973 144.9579 166.7817
April 168.5973 159.5304 164.9127
May 187.3374 165.9364 177.1483
June 200.7044 189.5058 196.2152
July 217.6872 201.6791 209.3045
August 224.6618 215.7404 219.4647
September 224.1345 205.6317 214.6014
October 215.3513 195.8132 209.8218
November 223.3214 204.9978 216.6481
December 230.9765 168.8099 224.6397