2020 NOK to ISK Historical Review

YEARLY HIGH

15.7497 ISK

YEARLY LOW

11.9289 ISK

YEARLY AVERAGE

14.3939 ISK

2020 NOK to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 31, valuing the pair at 15.7497. Conversely, the yearly low was recorded on March 21, dropping to 11.9289.

This high-to-low spread represents a total annual volatility of 3.8208 ISK. From a start-to-finish perspective, comparing the January average rate of 13.8075 to the December average rate of 14.6376, the exchange rate registered a net change of 6.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 15.7497 was up 6.68% compared to the 2019 peak of 14.7641, 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 78,749 ISK

2019 Average 69,680 ISK

Yearly Trough Low 59,645 ISK

Transaction Impact: A difference of 19,103.85 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

15.4924

12.9365

JanuMarcMayJulySeptNove

NOK to ISK 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 13.8112, compared to 14.9767 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1655 points.

H1 Avg (Jan–Jun) 13.8112

H2 Avg (Jul–Dec) 14.9767

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.8644 ISK (High: 13.7934 / Low: 11.9289). On the other end, February was the most stable month, with a tight range of 0.4077 ISK (High: 13.7642 / Low: 13.3565).

March Spread (Volatile) ±1.8644

February Spread (Stable) ±0.4077

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 0.4701 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.4701

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 15.2795) against the same month in 2019 (average: 13.8013), the exchange rate shifted by +1.4782 (+10.71%).

2020 Avg (August) 15.2795

2019 Avg (August) 13.8013

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.9554	13.3622	13.8075
February	13.7642	13.3565	13.6197
March	13.7934	11.9289	13.1495
April	14.2083	13.5722	13.8593
May	14.4368	13.8921	14.2072
June	14.5267	13.9558	14.2239
July	15.1475	14.5543	14.8773
August	15.7497	14.9001	15.2795
September	15.7474	14.5413	15.0653
October	15.2317	14.8228	14.9588
November	15.2975	14.7124	15.0416
December	14.8793	14.2202	14.6376