YEARLY HIGH
91.3097 CLP
YEARLY LOW
72.4694 CLP
YEARLY AVERAGE
84.2181 CLP

2020 NOK to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 17, valuing the pair at 91.3097. Conversely, the yearly low was recorded on March 21, dropping to 72.4694.

This high-to-low spread represents a total annual volatility of 18.8403 CLP. From a start-to-finish perspective, comparing the January average rate of 86.5094 to the December average rate of 83.9219, the exchange rate registered a net change of -2.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 91.3097 was down 1.99% compared to the 2019 peak of 93.1608, 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 456,548 CLP
2019 Average 399,656 CLP
Yearly Trough Low 362,347 CLP
Transaction Impact: A difference of 94,201.55 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

88.4552
80.6136
JanuMarcMayJulySeptNove

NOK to CLP 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 83.5445, compared to 84.8916 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3470 points.

H1 Avg (Jan–Jun) 83.5445
H2 Avg (Jul–Dec) 84.8916

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 16.9169 CLP (High: 89.3863 / Low: 72.4694). On the other end, July was the most stable month, with a tight range of 2.1857 CLP (High: 85.2712 / Low: 83.0855).

March Spread (Volatile) ±16.9169
July Spread (Stable) ±2.1857

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 3.7733 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -3.7733

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 87.8017) against the same month in 2019 (average: 79.6028), the exchange rate shifted by +8.1990 (+10.30%).

2020 Avg (August) 87.8017
2019 Avg (August) 79.6028

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 88.0509 84.4012 86.5094
February 87.0429 84.3405 85.9221
March 89.3863 72.4694 82.1487
April 83.8357 79.5944 81.8719
May 83.2555 79.9759 81.2671
June 86.0651 81.6251 83.5481
July 85.2712 83.0855 84.2831
August 91.3097 82.9827 87.8017
September 88.1354 82.3748 84.5641
October 87.2225 80.9968 84.7413
November 87.1264 80.3093 84.0373
December 86.2294 82.3588 83.9219