2020 NOK to MXN Historical Review

YEARLY HIGH

2.5107 MXN

YEARLY LOW

1.9929 MXN

YEARLY AVERAGE

2.2806 MXN

2020 NOK to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 31, valuing the pair at 2.5107. Conversely, the yearly low was recorded on February 18, dropping to 1.9929.

This high-to-low spread represents a total annual volatility of 0.5179 MXN. From a start-to-finish perspective, comparing the January average rate of 2.1028 to the December average rate of 2.2924, the exchange rate registered a net change of 9.02% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.5107 was up 10.27% compared to the 2019 peak of 2.2768, 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 12,554 MXN

2019 Average 10,943 MXN

Yearly Trough Low 9,964 MXN

Transaction Impact: A difference of 2,589.32 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.5209

1.9841

JanuMarcMayJulySeptNove

NOK to MXN 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 2.2155, compared to 2.3457 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1302 points.

H1 Avg (Jan–Jun) 2.2155

H2 Avg (Jul–Dec) 2.3457

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.2099 MXN (High: 2.2802 / Low: 2.0703). On the other end, November was the most stable month, with a tight range of 0.0490 MXN (High: 2.2714 / Low: 2.2225).

March Spread (Volatile) ±0.2099

November Spread (Stable) ±0.0490

Growth Streaks & Declines

Trends

Between February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.1120 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.1120

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 2.4762) against the same month in 2019 (average: 2.1960), the exchange rate shifted by +0.2802 (+12.76%).

2020 Avg (August) 2.4762

2019 Avg (August) 2.1960

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1555	2.0403	2.1028
February	2.0873	1.9929	2.0288
March	2.2802	2.0703	2.1727
April	2.3978	2.2686	2.3237
May	2.3974	2.2434	2.3240
June	2.3918	2.2827	2.3409
July	2.4515	2.3594	2.4089
August	2.5107	2.4356	2.4762
September	2.4848	2.2984	2.3642
October	2.3465	2.2267	2.2859
November	2.2714	2.2225	2.2465
December	2.3306	2.2466	2.2924