2020 NOK to KMF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
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.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |