2020 NOK to KWD Historical Review

YEARLY HIGH

0.0356 KWD

YEARLY LOW

0.0264 KWD

YEARLY AVERAGE

0.0327 KWD

2020 NOK to KWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to KWD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0356. Conversely, the yearly low was recorded on March 21, dropping to 0.0264.

This high-to-low spread represents a total annual volatility of 0.0093 KWD. From a start-to-finish perspective, comparing the January average rate of 0.0339 to the December average rate of 0.0350, the exchange rate registered a net change of 3.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0356 was down 1.02% compared to the 2019 peak of 0.0360, 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 178 KWD

2019 Average 173 KWD

Yearly Trough Low 132 KWD

Transaction Impact: A difference of 46.26 KWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0355

0.0294

JanuMarcMayJulySeptNove

NOK to KWD 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 0.0316, compared to 0.0337 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0316

H2 Avg (Jul–Dec) 0.0337

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0067 KWD (High: 0.0330 / Low: 0.0264). On the other end, February was the most stable month, with a tight range of 0.0005 KWD (High: 0.0330 / Low: 0.0326).

March Spread (Volatile) ±0.0067

February Spread (Stable) ±0.0005

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 0.0026 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0350) against the same month in 2019 (average: 0.0337), the exchange rate shifted by +0.0014 (+4.03%).

2020 Avg (December) 0.0350

2019 Avg (December) 0.0337

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0346	0.0330	0.0339
February	0.0330	0.0326	0.0328
March	0.0330	0.0264	0.0302
April	0.0305	0.0289	0.0299
May	0.0317	0.0296	0.0306
June	0.0333	0.0317	0.0323
July	0.0338	0.0323	0.0330
August	0.0350	0.0335	0.0342
September	0.0349	0.0320	0.0335
October	0.0335	0.0321	0.0329
November	0.0346	0.0319	0.0337
December	0.0356	0.0345	0.0350