2020 NOK to NZD Historical Review

YEARLY HIGH

0.1725 NZD

YEARLY LOW

0.1484 NZD

YEARLY AVERAGE

0.1638 NZD

2020 NOK to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 17, valuing the pair at 0.1725. Conversely, the yearly low was recorded on March 21, dropping to 0.1484.

This high-to-low spread represents a total annual volatility of 0.0241 NZD. From a start-to-finish perspective, comparing the January average rate of 0.1691 to the December average rate of 0.1619, the exchange rate registered a net change of -4.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1725 was down 3.35% compared to the 2019 peak of 0.1785, 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 863 NZD

2019 Average 863 NZD

Yearly Trough Low 742 NZD

Transaction Impact: A difference of 120.49 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1702

0.1588

JanuMarcMayJulySeptNove

NOK to NZD 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 0.1641, compared to 0.1635 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.1641

H2 Avg (Jul–Dec) 0.1635

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0235 NZD (High: 0.1719 / Low: 0.1484). On the other end, December was the most stable month, with a tight range of 0.0032 NZD (High: 0.1632 / Low: 0.1600).

March Spread (Volatile) ±0.0235

December Spread (Stable) ±0.0032

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0068 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 0.1692) against the same month in 2019 (average: 0.1734), the exchange rate shifted by -0.0041 (-2.39%).

2020 Avg (August) 0.1692

2019 Avg (August) 0.1734

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1705	0.1671	0.1691
February	0.1703	0.1667	0.1684
March	0.1719	0.1484	0.1616
April	0.1636	0.1562	0.1597
May	0.1659	0.1593	0.1628
June	0.1658	0.1601	0.1626
July	0.1663	0.1608	0.1633
August	0.1725	0.1656	0.1692
September	0.1688	0.1597	0.1640
October	0.1646	0.1583	0.1621
November	0.1627	0.1577	0.1603
December	0.1632	0.1600	0.1619