2020 NOK to NPR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 NOK to NPR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the NOK to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 13.7376. Conversely, the yearly low was recorded on March 21, dropping to 10.1460.
This high-to-low spread represents a total annual volatility of 3.5917 NPR. From a start-to-finish perspective, comparing the January average rate of 12.7453 to the December average rate of 13.5364, the exchange rate registered a net change of 6.21% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 13.7376 was up 1.33% compared to the 2019 peak of 13.5577, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
NOK to NPR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 12.1777, compared to 13.0590 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8814 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 2.5968 NPR (High: 12.7428 / Low: 10.1460). On the other end, February was the most stable month, with a tight range of 0.2000 NPR (High: 12.3888 / Low: 12.1888).
Growth Streaks & Declines
TrendsBetween 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 0.6797 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 13.5364) against the same month in 2019 (average: 12.6318), the exchange rate shifted by +0.9046 (+7.16%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 13.0833 | 12.3888 | 12.7453 |
| February | 12.3888 | 12.1888 | 12.3085 |
| March | 12.7428 | 10.1460 | 11.6289 |
| April | 11.9277 | 11.3413 | 11.6914 |
| May | 12.4397 | 11.4320 | 11.9917 |
| June | 13.0693 | 12.4356 | 12.7004 |
| July | 13.2386 | 12.6009 | 12.8949 |
| August | 13.5366 | 13.1188 | 13.3339 |
| September | 13.2818 | 12.3319 | 12.8405 |
| October | 12.8385 | 12.4911 | 12.6599 |
| November | 13.4252 | 12.4578 | 13.0887 |
| December | 13.7376 | 13.3238 | 13.5364 |