YEARLY HIGH
0.4364 PLN
YEARLY LOW
0.3594 PLN
YEARLY AVERAGE
0.4143 PLN

2020 NOK to PLN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to PLN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.4364. Conversely, the yearly low was recorded on March 22, dropping to 0.3594.

This high-to-low spread represents a total annual volatility of 0.0770 PLN. From a start-to-finish perspective, comparing the January average rate of 0.4278 to the December average rate of 0.4226, the exchange rate registered a net change of -1.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.4364 was down 2.59% compared to the 2019 peak of 0.4480, 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 2,182 PLN
2019 Average 2,182 PLN
Yearly Trough Low 1,797 PLN
Transaction Impact: A difference of 384.89 PLN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.4314
0.3878
JanuMarcMayJulySeptNove

NOK to PLN 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 0.4113, compared to 0.4174 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0060 points.

H1 Avg (Jan–Jun) 0.4113
H2 Avg (Jul–Dec) 0.4174

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0577 PLN (High: 0.4171 / Low: 0.3594). On the other end, February was the most stable month, with a tight range of 0.0081 PLN (High: 0.4263 / Low: 0.4182).

March Spread (Volatile) ±0.0577
February Spread (Stable) ±0.0081

Growth Streaks & Declines

Trends

Between March and July, 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 0.0306 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0306

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.4226) against the same month in 2019 (average: 0.4264), the exchange rate shifted by -0.0038 (-0.88%).

2020 Avg (December) 0.4226
2019 Avg (December) 0.4264

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4323 0.4207 0.4278
February 0.4263 0.4182 0.4221
March 0.4171 0.3594 0.3914
April 0.4081 0.3901 0.4015
May 0.4173 0.3995 0.4113
June 0.4234 0.4082 0.4140
July 0.4234 0.4101 0.4176
August 0.4220 0.4095 0.4160
September 0.4224 0.4074 0.4151
October 0.4232 0.4090 0.4149
November 0.4250 0.4134 0.4180
December 0.4364 0.4150 0.4226