2020 NOK to MRO Historical Review

YEARLY HIGH

41.8260 MRO

YEARLY LOW

30.2631 MRO

YEARLY AVERAGE

38.0393 MRO

2020 NOK to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 41.8260. Conversely, the yearly low was recorded on March 21, dropping to 30.2631.

This high-to-low spread represents a total annual volatility of 11.5629 MRO. From a start-to-finish perspective, comparing the January average rate of 39.9229 to the December average rate of 41.0224, the exchange rate registered a net change of 2.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 41.8260 was down 1.35% compared to the 2019 peak of 42.3985, 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 209,130 MRO

2019 Average 203,002 MRO

Yearly Trough Low 151,316 MRO

Transaction Impact: A difference of 57,814.26 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

41.6982

33.5879

JanuMarcMayJulySeptNove

NOK to MRO 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 36.7276, compared to 39.3510 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.6234 points.

H1 Avg (Jan–Jun) 36.7276

H2 Avg (Jul–Dec) 39.3510

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 8.3173 MRO (High: 38.5804 / Low: 30.2631). On the other end, February was the most stable month, with a tight range of 0.8029 MRO (High: 38.7799 / Low: 37.9770).

March Spread (Volatile) ±8.3173

February Spread (Stable) ±0.8029

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 3.4956 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -3.4956

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 41.0224) against the same month in 2019 (average: 39.5993), the exchange rate shifted by +1.4230 (+3.59%).

2020 Avg (December) 41.0224

2019 Avg (December) 39.5993

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	40.6849	38.7799	39.9229
February	38.7799	37.9770	38.4327
March	38.5804	30.2631	34.9371
April	34.9906	33.0871	34.2638
May	36.7360	34.2056	35.3912
June	38.6199	36.7189	37.4180
July	39.5106	37.4663	38.3970
August	40.8979	39.0984	39.9053
September	40.7940	37.3148	39.0333
October	39.0696	37.4558	38.4135
November	40.4632	37.2902	39.3343
December	41.8260	40.3905	41.0224