YEARLY HIGH
2.0108 MDL
YEARLY LOW
1.5172 MDL
YEARLY AVERAGE
1.8351 MDL

2020 NOK to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 2.0108. Conversely, the yearly low was recorded on March 21, dropping to 1.5172.

This high-to-low spread represents a total annual volatility of 0.4936 MDL. From a start-to-finish perspective, comparing the January average rate of 1.9428 to the December average rate of 1.9756, the exchange rate registered a net change of 1.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.0108 was down 6.03% compared to the 2019 peak of 2.1398, 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 10,054 MDL
2019 Average 9,964 MDL
Yearly Trough Low 7,586 MDL
Transaction Impact: A difference of 2,468.14 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.0005
1.7017
JanuMarcMayJulySeptNove

NOK to MDL 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 1.8085, compared to 1.8617 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0532 points.

H1 Avg (Jan–Jun) 1.8085
H2 Avg (Jul–Dec) 1.8617

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.3606 MDL (High: 1.8778 / Low: 1.5172). On the other end, February was the most stable month, with a tight range of 0.0414 MDL (High: 1.9082 / Low: 1.8668).

March Spread (Volatile) ±0.3606
February Spread (Stable) ±0.0414

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 0.1634 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1634

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 1.9756) against the same month in 2019 (average: 1.9146), the exchange rate shifted by +0.0610 (+3.19%).

2020 Avg (December) 1.9756
2019 Avg (December) 1.9146

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9677 1.8808 1.9428
February 1.9082 1.8668 1.8900
March 1.8778 1.5172 1.7266
April 1.7989 1.6644 1.7397
May 1.7968 1.7084 1.7537
June 1.8569 1.7656 1.7985
July 1.8565 1.7918 1.8227
August 1.8939 1.8086 1.8490
September 1.8816 1.7537 1.8172
October 1.8527 1.7862 1.8196
November 1.9547 1.7785 1.8861
December 2.0108 1.9464 1.9756