YEARLY HIGH
2351.8170 KMF
YEARLY LOW
38.8673 KMF
YEARLY AVERAGE
52.1697 KMF

2020 NOK to KMF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 2351.8170. Conversely, the yearly low was recorded on March 21, dropping to 38.8673.

This high-to-low spread represents a total annual volatility of 2312.9496 KMF. From a start-to-finish perspective, comparing the January average rate of 49.5948 to the December average rate of 120.8542, the exchange rate registered a net change of 143.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2351.8170 was down 8.51% compared to the 2019 peak of 2570.4515, 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 11,759,085 KMF
2019 Average 284,533 KMF
Yearly Trough Low 194,337 KMF
Transaction Impact: A difference of 11,564,748.24 KMF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

128.5890
35.7709
JanuMarcMayJulySeptNove

NOK to KMF 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 45.9780, compared to 58.3615 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 12.3835 points.

H1 Avg (Jan–Jun) 45.9780
H2 Avg (Jul–Dec) 58.3615

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 2305.7968 KMF (High: 2351.8170 / Low: 46.0201). On the other end, July was the most stable month, with a tight range of 1.1914 KMF (High: 47.1151 / Low: 45.9237).

December Spread (Volatile) ±2305.7968
July Spread (Stable) ±1.1914

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 4.9179 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -4.9179

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 120.8542) against the same month in 2019 (average: 49.1903), the exchange rate shifted by +71.6638 (+145.69%).

2020 Avg (December) 120.8542
2019 Avg (December) 49.1903

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 50.1015 48.3540 49.5948
February 49.2489 47.6400 48.5612
March 48.1066 38.8673 43.6433
April 44.3127 42.1745 43.5058
May 45.6550 42.9869 44.7423
June 47.1768 44.8904 45.8204
July 47.1151 45.9237 46.2710
August 47.3075 45.8004 46.4690
September 47.1873 44.1360 45.6942
October 45.5811 43.9659 45.0486
November 46.8558 44.0432 45.8318
December 2351.8170 46.0201 120.8542