2020 NOK to GEL Historical Review

YEARLY HIGH

0.3849 GEL

YEARLY LOW

0.2715 GEL

YEARLY AVERAGE

0.3316 GEL

2020 NOK to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.3849. Conversely, the yearly low was recorded on March 16, dropping to 0.2715.

This high-to-low spread represents a total annual volatility of 0.1134 GEL. From a start-to-finish perspective, comparing the January average rate of 0.3218 to the December average rate of 0.3785, the exchange rate registered a net change of 17.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.3849 was up 14.06% compared to the 2019 peak of 0.3375, 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 1,925 GEL

2019 Average 1,600 GEL

Yearly Trough Low 1,358 GEL

Transaction Impact: A difference of 566.95 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.3870

0.2853

JanuMarcMayJulySeptNove

NOK to GEL 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 0.3108, compared to 0.3524 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0416 points.

H1 Avg (Jan–Jun) 0.3108

H2 Avg (Jul–Dec) 0.3524

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0582 GEL (High: 0.3298 / Low: 0.2715). On the other end, October was the most stable month, with a tight range of 0.0118 GEL (High: 0.3518 / Low: 0.3399).

March Spread (Volatile) ±0.0582

October Spread (Stable) ±0.0118

Growth Streaks & Declines

Trends

Between March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0157 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0157

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.3785) against the same month in 2019 (average: 0.3207), the exchange rate shifted by +0.0578 (+18.03%).

2020 Avg (December) 0.3785

2019 Avg (December) 0.3207

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3259	0.3139	0.3218
February	0.3139	0.2969	0.3061
March	0.3298	0.2715	0.2938
April	0.3160	0.2952	0.3055
May	0.3277	0.3066	0.3175
June	0.3375	0.3147	0.3202
July	0.3417	0.3217	0.3305
August	0.3540	0.3379	0.3455
September	0.3591	0.3373	0.3473
October	0.3518	0.3399	0.3470
November	0.3757	0.3384	0.3656
December	0.3849	0.3728	0.3785