2020 NOK to JPY Historical Review

YEARLY HIGH

12.4046 JPY

YEARLY LOW

9.3836 JPY

YEARLY AVERAGE

11.3711 JPY

2020 NOK to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 12.4046. Conversely, the yearly low was recorded on March 22, dropping to 9.3836.

This high-to-low spread represents a total annual volatility of 3.0210 JPY. From a start-to-finish perspective, comparing the January average rate of 12.2159 to the December average rate of 11.9218, the exchange rate registered a net change of -2.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 12.4046 was down 6.03% compared to the 2019 peak of 13.1999, 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 62,023 JPY

2019 Average 61,995 JPY

Yearly Trough Low 46,918 JPY

Transaction Impact: A difference of 15,104.92 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

12.4023

10.1655

JanuMarcMayJulySeptNove

NOK to JPY 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 11.1399, compared to 11.6024 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4624 points.

H1 Avg (Jan–Jun) 11.1399

H2 Avg (Jul–Dec) 11.6024

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 2.2971 JPY (High: 11.6808 / Low: 9.3836). On the other end, December was the most stable month, with a tight range of 0.2890 JPY (High: 12.0824 / Low: 11.7934).

March Spread (Volatile) ±2.2971

December Spread (Stable) ±0.2890

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1.3082 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.3082

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 12.2159) against the same month in 2019 (average: 12.7402), the exchange rate shifted by -0.5243 (-4.12%).

2020 Avg (January) 12.2159

2019 Avg (January) 12.7402

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.4046	11.7746	12.2159
February	12.0231	11.5027	11.8321
March	11.6808	9.3836	10.5240
April	10.6437	9.9938	10.3519
May	11.0913	10.2266	10.6316
June	11.8380	11.0239	11.2839
July	11.7391	11.2818	11.4821
August	12.1431	11.6129	11.8484
September	12.1008	11.0367	11.5484
October	11.5546	10.9703	11.3216
November	11.8270	10.9223	11.4919
December	12.0824	11.7934	11.9218