YEARLY HIGH
49.3905 KZT
YEARLY LOW
37.9152 KZT
YEARLY AVERAGE
44.0674 KZT

2020 NOK to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 49.3905. Conversely, the yearly low was recorded on March 21, dropping to 37.9152.

This high-to-low spread represents a total annual volatility of 11.4754 KZT. From a start-to-finish perspective, comparing the January average rate of 42.4129 to the December average rate of 48.3684, the exchange rate registered a net change of 14.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 49.3905 was up 8.75% compared to the 2019 peak of 45.4146, 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 246,953 KZT
2019 Average 217,758 KZT
Yearly Trough Low 189,576 KZT
Transaction Impact: A difference of 57,376.94 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

49.1368
39.9164
JanuMarcMayJulySeptNove

NOK to KZT 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 41.5250, compared to 46.6098 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.0848 points.

H1 Avg (Jan–Jun) 41.5250
H2 Avg (Jul–Dec) 46.6098

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 5.2021 KZT (High: 43.1173 / Low: 37.9152). On the other end, February was the most stable month, with a tight range of 0.9698 KZT (High: 41.2206 / Low: 40.2508).

March Spread (Volatile) ±5.2021
February Spread (Stable) ±0.9698

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 1.7282 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.7282

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 48.3684) against the same month in 2019 (average: 42.6158), the exchange rate shifted by +5.7526 (+13.50%).

2020 Avg (December) 48.3684
2019 Avg (December) 42.6158

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 43.8632 41.2206 42.4129
February 41.2206 40.2508 40.6847
March 43.1173 37.9152 40.7679
April 43.3071 40.5226 41.5772
May 42.3814 40.5517 41.5101
June 43.1864 41.3807 42.1974
July 46.5651 42.7002 44.4078
August 48.1028 46.2602 46.9425
September 47.7953 44.6684 46.4574
October 46.8633 45.4333 46.2329
November 48.1171 45.2161 47.2497
December 49.3905 47.5453 48.3684