2020 NOK to LRD Historical Review

YEARLY HIGH

22.8318 LRD

YEARLY LOW

16.7565 LRD

YEARLY AVERAGE

20.3892 LRD

2020 NOK to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 31, valuing the pair at 22.8318. Conversely, the yearly low was recorded on March 22, dropping to 16.7565.

This high-to-low spread represents a total annual volatility of 6.0753 LRD. From a start-to-finish perspective, comparing the January average rate of 21.4073 to the December average rate of 18.5332, the exchange rate registered a net change of -13.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 22.8318 was down 3.02% compared to the 2019 peak of 23.5436, 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 114,159 LRD

2019 Average 105,752 LRD

Yearly Trough Low 83,783 LRD

Transaction Impact: A difference of 30,376.28 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

22.6788

17.8794

JanuMarcMayJulySeptNove

NOK to LRD 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 20.2450, compared to 20.5334 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2885 points.

H1 Avg (Jan–Jun) 20.2450

H2 Avg (Jul–Dec) 20.5334

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 4.6086 LRD (High: 21.3651 / Low: 16.7565). On the other end, February was the most stable month, with a tight range of 0.2788 LRD (High: 21.2779 / Low: 20.9991).

March Spread (Volatile) ±4.6086

February Spread (Stable) ±0.2788

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 October and November, when the average rate fell by 2.6238 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -2.6238

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 22.2788) against the same month in 2019 (average: 22.7074), the exchange rate shifted by -0.4286 (-1.89%).

2020 Avg (August) 22.2788

2019 Avg (August) 22.7074

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	21.6235	21.1823	21.4073
February	21.2779	20.9991	21.1605
March	21.3651	16.7565	19.3530
April	19.4065	18.3694	19.0117
May	20.4363	18.9831	19.6725
June	21.5276	20.4937	20.8649
July	22.0546	20.9160	21.4360
August	22.8318	21.8245	22.2788
September	22.7738	20.8001	21.7702
October	21.6989	19.2330	20.9031
November	19.4395	17.2075	18.2793
December	19.1820	17.8983	18.5332