2020 NOK to KRW Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 NOK to KRW Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the NOK to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on August 31, valuing the pair at 136.0984. Conversely, the yearly low was recorded on March 21, dropping to 106.3830.
This high-to-low spread represents a total annual volatility of 29.7154 KRW. From a start-to-finish perspective, comparing the January average rate of 130.3894 to the December average rate of 125.7378, the exchange rate registered a net change of -3.57% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 136.0984 was down 1.47% compared to the 2019 peak of 138.1250, 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 KRW 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 123.9307, compared to 127.0329 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.1022 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 22.0887 KRW (High: 128.4717 / Low: 106.3830). On the other end, February was the most stable month, with a tight range of 2.7135 KRW (High: 130.2766 / Low: 127.5631).
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 9.7872 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2020: 132.7085) against the same month in 2019 (average: 134.9894), the exchange rate shifted by -2.2809 (-1.69%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 132.7661 | 128.7083 | 130.3894 |
| February | 130.2766 | 127.5631 | 128.6316 |
| March | 128.4717 | 106.3830 | 118.8444 |
| April | 118.8052 | 114.2238 | 117.3404 |
| May | 126.7329 | 117.3511 | 121.8777 |
| June | 130.0503 | 123.8081 | 126.5008 |
| July | 131.8029 | 125.8500 | 128.9725 |
| August | 136.0984 | 130.6280 | 132.7085 |
| September | 135.4588 | 122.7568 | 128.8054 |
| October | 125.7798 | 118.6120 | 123.1293 |
| November | 125.3420 | 118.5487 | 122.8442 |
| December | 128.0436 | 123.0204 | 125.7378 |