2020 NOK to EGP Historical Review

YEARLY HIGH

1.8429 EGP

YEARLY LOW

1.3273 EGP

YEARLY AVERAGE

1.6847 EGP

2020 NOK to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1.8429. Conversely, the yearly low was recorded on March 21, dropping to 1.3273.

This high-to-low spread represents a total annual volatility of 0.5156 EGP. From a start-to-finish perspective, comparing the January average rate of 1.7780 to the December average rate of 1.8029, the exchange rate registered a net change of 1.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.8429 was down 12.92% compared to the 2019 peak of 2.1164, 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 9,214 EGP

2019 Average 9,568 EGP

Yearly Trough Low 6,637 EGP

Transaction Impact: A difference of 2,577.80 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.8319

1.4842

JanuMarcMayJulySeptNove

NOK to EGP 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 1.6285, compared to 1.7410 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1124 points.

H1 Avg (Jan–Jun) 1.6285

H2 Avg (Jul–Dec) 1.7410

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.3635 EGP (High: 1.6909 / Low: 1.3273). On the other end, February was the most stable month, with a tight range of 0.0575 EGP (High: 1.7164 / Low: 1.6589).

March Spread (Volatile) ±0.3635

February Spread (Stable) ±0.0575

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 0.1536 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.1536

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 1.8029) against the same month in 2019 (average: 1.7841), the exchange rate shifted by +0.0188 (+1.06%).

2020 Avg (December) 1.8029

2019 Avg (December) 1.7841

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8282	1.7163	1.7780
February	1.7164	1.6589	1.6883
March	1.6909	1.3273	1.5348
April	1.5463	1.4598	1.5132
May	1.6291	1.5077	1.5625
June	1.7524	1.6536	1.6944
July	1.7681	1.6889	1.7216
August	1.8182	1.7489	1.7813
September	1.8137	1.6489	1.7252
October	1.7192	1.6460	1.6903
November	1.7734	1.6410	1.7245
December	1.8429	1.7750	1.8029