YEARLY HIGH
20.8584 DJF
YEARLY LOW
15.0892 DJF
YEARLY AVERAGE
18.9692 DJF

2020 NOK to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 20.8584. Conversely, the yearly low was recorded on March 21, dropping to 15.0892.

This high-to-low spread represents a total annual volatility of 5.7692 DJF. From a start-to-finish perspective, comparing the January average rate of 19.9082 to the December average rate of 20.4574, 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 20.8584 was down 1.36% compared to the 2019 peak of 21.1458, 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 104,292 DJF
2019 Average 101,182 DJF
Yearly Trough Low 75,446 DJF
Transaction Impact: A difference of 28,846.20 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

20.7945
16.7489
JanuMarcMayJulySeptNove

NOK to DJF 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 18.3149, compared to 19.6234 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3085 points.

H1 Avg (Jan–Jun) 18.3149
H2 Avg (Jul–Dec) 19.6234

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 4.1524 DJF (High: 19.2416 / Low: 15.0892). On the other end, February was the most stable month, with a tight range of 0.4003 DJF (High: 19.3356 / Low: 18.9353).

March Spread (Volatile) ±4.1524
February Spread (Stable) ±0.4003

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 1.7439 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -1.7439

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 20.4574) against the same month in 2019 (average: 19.7455), the exchange rate shifted by +0.7119 (+3.61%).

2020 Avg (December) 20.4574
2019 Avg (December) 19.7455

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.2855 19.3356 19.9082
February 19.3356 18.9353 19.1657
March 19.2416 15.0892 17.4217
April 17.4463 16.4972 17.0861
May 18.3165 17.0597 17.6483
June 19.2558 18.3106 18.6596
July 19.7210 18.6862 19.1476
August 20.3776 19.4861 19.8971
September 20.3346 18.6107 19.4656
October 19.4847 18.7127 19.1564
November 20.1783 18.5929 19.6164
December 20.8584 20.1369 20.4574