2020 NOK to IDR Historical Review

YEARLY HIGH

1677.5496 IDR

YEARLY LOW

1336.9095 IDR

YEARLY AVERAGE

1546.6847 IDR

2020 NOK to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 1677.5496. Conversely, the yearly low was recorded on March 21, dropping to 1336.9095.

This high-to-low spread represents a total annual volatility of 340.6401 IDR. From a start-to-finish perspective, comparing the January average rate of 1534.4490 to the December average rate of 1621.9431, the exchange rate registered a net change of 5.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1677.5496 was up 0.29% compared to the 2019 peak of 1672.6159, 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 8,387,748 IDR

2019 Average 8,038,394 IDR

Yearly Trough Low 6,684,547 IDR

Transaction Impact: A difference of 1,703,200.65 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1658.9707

1454.5402

JanuMarcMayJulySeptNove

NOK to IDR 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 1494.3669, compared to 1599.0025 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 104.6356 points.

H1 Avg (Jan–Jun) 1494.3669

H2 Avg (Jul–Dec) 1599.0025

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 223.9152 IDR (High: 1560.8247 / Low: 1336.9095). On the other end, February was the most stable month, with a tight range of 31.8587 IDR (High: 1496.0351 / Low: 1464.1764).

March Spread (Volatile) ±223.9152

February Spread (Stable) ±31.8587

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 54.3343 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -54.3343

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 1641.9348) against the same month in 2019 (average: 1586.0219), the exchange rate shifted by +55.9130 (+3.53%).

2020 Avg (August) 1641.9348

2019 Avg (August) 1586.0219

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1583.3633	1445.5408	1534.4490
February	1496.0351	1464.1764	1480.1148
March	1560.8247	1336.9095	1479.5756
April	1583.0659	1444.4298	1512.0009
May	1507.9697	1423.5071	1471.5761
June	1540.6905	1449.6726	1488.4849
July	1614.0598	1498.3759	1562.2880
August	1677.5496	1597.0648	1641.9348
September	1673.9732	1552.6395	1621.2243
October	1607.4285	1533.4295	1582.1055
November	1601.3543	1528.6467	1564.5192
December	1645.6526	1595.1922	1621.9431