2020 NOK to HUF Historical Review

YEARLY HIGH

34.7707 HUF

YEARLY LOW

27.8345 HUF

YEARLY AVERAGE

32.7500 HUF

2020 NOK to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 34.7707. Conversely, the yearly low was recorded on March 21, dropping to 27.8345.

This high-to-low spread represents a total annual volatility of 6.9362 HUF. From a start-to-finish perspective, comparing the January average rate of 33.6456 to the December average rate of 33.8834, the exchange rate registered a net change of 0.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 34.7707 was up 2.55% compared to the 2019 peak of 33.9048, 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 173,853 HUF

2019 Average 165,158 HUF

Yearly Trough Low 139,172 HUF

Transaction Impact: A difference of 34,681.19 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

34.2216

30.1630

JanuMarcMayJulySeptNove

NOK to HUF 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 32.1954, compared to 33.3046 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1092 points.

H1 Avg (Jan–Jun) 32.1954

H2 Avg (Jul–Dec) 33.3046

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 4.7423 HUF (High: 32.5767 / Low: 27.8345). On the other end, October was the most stable month, with a tight range of 0.9314 HUF (High: 33.7275 / Low: 32.7961).

March Spread (Volatile) ±4.7423

October Spread (Stable) ±0.9314

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 February and March, when the average rate fell by 2.7838 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -2.7838

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 33.8834) against the same month in 2019 (average: 33.0295), the exchange rate shifted by +0.8538 (+2.58%).

2020 Avg (December) 33.8834

2019 Avg (December) 33.0295

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	34.0273	33.0183	33.6456
February	33.8256	32.6473	33.2850
March	32.5767	27.8345	30.5012
April	32.3408	30.6227	31.4899
May	32.3045	30.9380	31.8758
June	32.9079	31.7959	32.3751
July	33.4314	32.0783	32.9462
August	34.1030	32.0783	32.9495
September	34.1602	32.6613	33.4257
October	33.7275	32.7961	33.1396
November	34.3071	32.7763	33.4835
December	34.7707	33.1609	33.8834