2020 NOK to EUR Historical Review

YEARLY HIGH

0.1018 EUR

YEARLY LOW

0.0788 EUR

YEARLY AVERAGE

0.0933 EUR

2020 NOK to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.1018. Conversely, the yearly low was recorded on March 21, dropping to 0.0788.

This high-to-low spread represents a total annual volatility of 0.0230 EUR. From a start-to-finish perspective, comparing the January average rate of 0.1007 to the December average rate of 0.0944, the exchange rate registered a net change of -6.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1018 was down 2.65% compared to the 2019 peak of 0.1046, 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 509 EUR

2019 Average 508 EUR

Yearly Trough Low 394 EUR

Transaction Impact: A difference of 115.14 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1020

0.0870

JanuMarcMayJulySeptNove

NOK to EUR 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 0.0933, compared to 0.0933 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0933

H2 Avg (Jul–Dec) 0.0933

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0182 EUR (High: 0.0970 / Low: 0.0788). On the other end, December was the most stable month, with a tight range of 0.0016 EUR (High: 0.0953 / Low: 0.0936).

March Spread (Volatile) ±0.0182

December Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0103 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0103

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.1007) against the same month in 2019 (average: 0.1024), the exchange rate shifted by -0.0017 (-1.66%).

2020 Avg (January) 0.1007

2019 Avg (January) 0.1024

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1018	0.0979	0.1007
February	0.0998	0.0965	0.0986
March	0.0970	0.0788	0.0883
April	0.0900	0.0858	0.0883
May	0.0927	0.0874	0.0907
June	0.0957	0.0917	0.0931
July	0.0953	0.0930	0.0939
August	0.0960	0.0931	0.0945
September	0.0958	0.0899	0.0928
October	0.0926	0.0898	0.0914
November	0.0950	0.0897	0.0930
December	0.0953	0.0936	0.0944