YEARLY HIGH
19.0742 PKR
YEARLY LOW
13.4552 PKR
YEARLY AVERAGE
17.2406 PKR

2020 NOK to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 30, valuing the pair at 19.0742. Conversely, the yearly low was recorded on March 21, dropping to 13.4552.

This high-to-low spread represents a total annual volatility of 5.6190 PKR. From a start-to-finish perspective, comparing the January average rate of 17.3037 to the December average rate of 18.4179, the exchange rate registered a net change of 6.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 19.0742 was down 0.72% compared to the 2019 peak of 19.2130, 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 95,371 PKR
2019 Average 85,332 PKR
Yearly Trough Low 67,276 PKR
Transaction Impact: A difference of 28,095.06 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

19.1200
15.1498
JanuMarcMayJulySeptNove

NOK to PKR 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 16.4105, compared to 18.0707 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6602 points.

H1 Avg (Jan–Jun) 16.4105
H2 Avg (Jul–Dec) 18.0707

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 3.2197 PKR (High: 16.6750 / Low: 13.4552). On the other end, February was the most stable month, with a tight range of 0.3705 PKR (High: 16.7775 / Low: 16.4069).

March Spread (Volatile) ±3.2197
February Spread (Stable) ±0.3705

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 1.1397 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.1397

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 18.7891) against the same month in 2019 (average: 17.7719), the exchange rate shifted by +1.0173 (+5.72%).

2020 Avg (August) 18.7891
2019 Avg (August) 17.7719

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.7395 16.7775 17.3037
February 16.7775 16.4069 16.6203
March 16.6750 13.4552 15.4806
April 16.3794 14.8661 15.8019
May 16.7272 15.3064 15.8992
June 17.6758 16.9186 17.3572
July 18.4751 17.6036 17.9854
August 19.0742 18.2927 18.7891
September 18.8975 17.3143 18.1519
October 17.9290 16.8522 17.5229
November 18.0663 16.7522 17.5568
December 18.8022 18.1064 18.4179