2020 NOK to MNT Historical Review

YEARLY HIGH

334.8807 MNT

YEARLY LOW

233.7354 MNT

YEARLY AVERAGE

299.2960 MNT

2020 NOK to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 334.8807. Conversely, the yearly low was recorded on March 20, dropping to 233.7354.

This high-to-low spread represents a total annual volatility of 101.1453 MNT. From a start-to-finish perspective, comparing the January average rate of 302.2812 to the December average rate of 327.8397, the exchange rate registered a net change of 8.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 334.8807 was up 7.27% compared to the 2019 peak of 312.1955, 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 1,674,404 MNT

2019 Average 1,462,198 MNT

Yearly Trough Low 1,168,677 MNT

Transaction Impact: A difference of 505,726.75 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

333.9101

261.0650

JanuMarcMayJulySeptNove

NOK to MNT 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 284.5267, compared to 314.0652 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 29.5385 points.

H1 Avg (Jan–Jun) 284.5267

H2 Avg (Jul–Dec) 314.0652

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 64.3653 MNT (High: 298.1007 / Low: 233.7354). On the other end, February was the most stable month, with a tight range of 6.9425 MNT (High: 298.5266 / Low: 291.5841).

March Spread (Volatile) ±64.3653

February Spread (Stable) ±6.9425

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 25.6529 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -25.6529

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 327.8397) against the same month in 2019 (average: 299.0845), the exchange rate shifted by +28.7553 (+9.61%).

2020 Avg (December) 327.8397

2019 Avg (December) 299.0845

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	307.7109	293.8037	302.2812
February	298.5266	291.5841	295.6709
March	298.1007	233.7354	270.0180
April	272.8752	258.3485	267.1355
May	288.6430	267.0325	277.0939
June	303.1459	290.2540	294.9608
July	314.8102	296.5288	305.0224
August	326.6945	311.6962	318.3990
September	325.8461	298.9818	312.7287
October	312.9543	298.6388	306.6903
November	323.3220	298.3387	313.7110
December	334.8807	323.0976	327.8397