2020 NOK to QAR Historical Review

YEARLY HIGH

0.4266 QAR

YEARLY LOW

0.3087 QAR

YEARLY AVERAGE

0.3880 QAR

2020 NOK to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.4266. Conversely, the yearly low was recorded on March 21, dropping to 0.3087.

This high-to-low spread represents a total annual volatility of 0.1180 QAR. From a start-to-finish perspective, comparing the January average rate of 0.4072 to the December average rate of 0.4185, the exchange rate registered a net change of 2.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.4266 was down 1.35% compared to the 2019 peak of 0.4324, 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 2,133 QAR

2019 Average 2,070 QAR

Yearly Trough Low 1,543 QAR

Transaction Impact: A difference of 589.79 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.4254

0.3426

JanuMarcMayJulySeptNove

NOK to QAR 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 0.3746, compared to 0.4014 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0268 points.

H1 Avg (Jan–Jun) 0.3746

H2 Avg (Jul–Dec) 0.4014

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0849 QAR (High: 0.3935 / Low: 0.3087). On the other end, February was the most stable month, with a tight range of 0.0082 QAR (High: 0.3955 / Low: 0.3873).

March Spread (Volatile) ±0.0849

February Spread (Stable) ±0.0082

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 0.0357 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0357

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.4185) against the same month in 2019 (average: 0.4038), the exchange rate shifted by +0.0146 (+3.62%).

2020 Avg (December) 0.4185

2019 Avg (December) 0.4038

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4149	0.3955	0.4072
February	0.3955	0.3873	0.3920
March	0.3935	0.3087	0.3563
April	0.3569	0.3375	0.3495
May	0.3747	0.3484	0.3610
June	0.3939	0.3745	0.3816
July	0.4029	0.3821	0.3916
August	0.4168	0.3987	0.4071
September	0.4160	0.3806	0.3981
October	0.3985	0.3820	0.3918
November	0.4127	0.3803	0.4012
December	0.4266	0.4119	0.4185