YEARLY HIGH
13.7376 NPR
YEARLY LOW
10.1460 NPR
YEARLY AVERAGE
12.6184 NPR

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NOK based on timing:

Yearly Peak High 68,688 NPR
2019 Average 63,999 NPR
Yearly Trough Low 50,730 NPR
Transaction Impact: A difference of 17,958.27 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

13.7271
11.4381
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 12.1777
H2 Avg (Jul–Dec) 13.0590

Volatility Range Comparison

Volatility

The 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).

March Spread (Volatile) ±2.5968
February Spread (Stable) ±0.2000

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 0.6797 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.6797

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2020 Avg (December) 13.5364
2019 Avg (December) 12.6318

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