YEARLY HIGH
22.0259 LKR
YEARLY LOW
15.8251 LKR
YEARLY AVERAGE
19.7490 LKR

2020 NOK to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 22.0259. Conversely, the yearly low was recorded on March 21, dropping to 15.8251.

This high-to-low spread represents a total annual volatility of 6.2008 LKR. From a start-to-finish perspective, comparing the January average rate of 20.2897 to the December average rate of 21.5083, the exchange rate registered a net change of 6.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 22.0259 was up 2.11% compared to the 2019 peak of 21.5716, 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 110,129 LKR
2019 Average 101,570 LKR
Yearly Trough Low 79,126 LKR
Transaction Impact: A difference of 31,003.75 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

21.8520
17.7271
JanuMarcMayJulySeptNove

NOK to LKR 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 19.0625, compared to 20.4356 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3731 points.

H1 Avg (Jan–Jun) 19.0625
H2 Avg (Jul–Dec) 20.4356

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 3.8470 LKR (High: 19.6721 / Low: 15.8251). On the other end, February was the most stable month, with a tight range of 0.3928 LKR (High: 19.7083 / Low: 19.3154).

March Spread (Volatile) ±3.8470
February Spread (Stable) ±0.3928

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1.4774 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.4774

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 21.5083) against the same month in 2019 (average: 20.1021), the exchange rate shifted by +1.4062 (+7.00%).

2020 Avg (December) 21.5083
2019 Avg (December) 20.1021

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.7762 19.7083 20.2897
February 19.7083 19.3154 19.5483
March 19.6721 15.8251 18.0709
April 18.9121 17.9348 18.3943
May 19.1570 18.1337 18.5839
June 20.0249 19.1384 19.4878
July 20.5814 19.5275 19.9854
August 21.2787 20.3121 20.6763
September 21.2402 19.3691 20.2308
October 20.1674 19.3375 19.8410
November 21.0398 19.2505 20.3715
December 22.0259 21.0164 21.5083