2020 NOK to OMR Historical Review

YEARLY HIGH

0.0451 OMR

YEARLY LOW

0.0326 OMR

YEARLY AVERAGE

0.0410 OMR

2020 NOK to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.0451. Conversely, the yearly low was recorded on March 22, dropping to 0.0326.

This high-to-low spread represents a total annual volatility of 0.0125 OMR. From a start-to-finish perspective, comparing the January average rate of 0.0431 to the December average rate of 0.0442, the exchange rate registered a net change of 2.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0451 was down 1.34% compared to the 2019 peak of 0.0457, 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 226 OMR

2019 Average 219 OMR

Yearly Trough Low 163 OMR

Transaction Impact: A difference of 62.39 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0450

0.0362

JanuMarcMayJulySeptNove

NOK to OMR 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 0.0396, compared to 0.0424 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.0396

H2 Avg (Jul–Dec) 0.0424

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0090 OMR (High: 0.0416 / Low: 0.0326). On the other end, February was the most stable month, with a tight range of 0.0009 OMR (High: 0.0418 / Low: 0.0410).

March Spread (Volatile) ±0.0090

February Spread (Stable) ±0.0009

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 0.0038 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0442) against the same month in 2019 (average: 0.0427), the exchange rate shifted by +0.0015 (+3.58%).

2020 Avg (December) 0.0442

2019 Avg (December) 0.0427

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0439	0.0418	0.0431
February	0.0418	0.0410	0.0414
March	0.0416	0.0326	0.0377
April	0.0378	0.0357	0.0370
May	0.0396	0.0369	0.0382
June	0.0416	0.0396	0.0404
July	0.0426	0.0404	0.0414
August	0.0441	0.0422	0.0430
September	0.0440	0.0402	0.0421
October	0.0421	0.0404	0.0414
November	0.0436	0.0402	0.0424
December	0.0451	0.0436	0.0442