YEARLY HIGH
2.5822 CZK
YEARLY LOW
2.1613 CZK
YEARLY AVERAGE
2.4666 CZK

2020 NOK to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2.5822. Conversely, the yearly low was recorded on March 21, dropping to 2.1613.

This high-to-low spread represents a total annual volatility of 0.4209 CZK. From a start-to-finish perspective, comparing the January average rate of 2.5401 to the December average rate of 2.4815, the exchange rate registered a net change of -2.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.5822 was down 3.93% compared to the 2019 peak of 2.6879, 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 12,911 CZK
2019 Average 13,034 CZK
Yearly Trough Low 10,807 CZK
Transaction Impact: A difference of 2,104.38 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.5597
2.3248
JanuMarcMayJulySeptNove

NOK to CZK 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 2.4546, compared to 2.4786 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0240 points.

H1 Avg (Jan–Jun) 2.4546
H2 Avg (Jul–Dec) 2.4786

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.3014 CZK (High: 2.4627 / Low: 2.1613). On the other end, December was the most stable month, with a tight range of 0.0406 CZK (High: 2.5030 / Low: 2.4624).

March Spread (Volatile) ±0.3014
December Spread (Stable) ±0.0406

Growth Streaks & Declines

Trends

Between March and July, 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 0.1288 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1288

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 2.5401) against the same month in 2019 (average: 2.6248), the exchange rate shifted by -0.0847 (-3.23%).

2020 Avg (January) 2.5401
2019 Avg (January) 2.6248

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5822 2.4695 2.5401
February 2.4921 2.4503 2.4732
March 2.4627 2.1613 2.3444
April 2.4492 2.3574 2.4084
May 2.5271 2.3831 2.4778
June 2.5434 2.4528 2.4839
July 2.5206 2.4390 2.4890
August 2.5208 2.4327 2.4726
September 2.5162 2.4354 2.4802
October 2.5226 2.4561 2.4876
November 2.4835 2.4364 2.4607
December 2.5030 2.4624 2.4815