2020 NOK to RON Historical Review

YEARLY HIGH

0.4865 RON

YEARLY LOW

0.3844 RON

YEARLY AVERAGE

0.4514 RON

2020 NOK to RON Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to RON exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.4865. Conversely, the yearly low was recorded on March 21, dropping to 0.3844.

This high-to-low spread represents a total annual volatility of 0.1021 RON. From a start-to-finish perspective, comparing the January average rate of 0.4813 to the December average rate of 0.4598, the exchange rate registered a net change of -4.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.4865 was down 2.26% compared to the 2019 peak of 0.4977, 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 2,432 RON

2019 Average 2,410 RON

Yearly Trough Low 1,922 RON

Transaction Impact: A difference of 510.72 RON purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.4867

0.4215

JanuMarcMayJulySeptNove

NOK to RON 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 0.4495, compared to 0.4534 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0039 points.

H1 Avg (Jan–Jun) 0.4495

H2 Avg (Jul–Dec) 0.4534

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0817 RON (High: 0.4660 / Low: 0.3844). On the other end, December was the most stable month, with a tight range of 0.0082 RON (High: 0.4639 / Low: 0.4557).

March Spread (Volatile) ±0.0817

December Spread (Stable) ±0.0082

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 0.0446 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0446

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.4813) against the same month in 2019 (average: 0.4819), the exchange rate shifted by -0.0007 (-0.14%).

2020 Avg (January) 0.4813

2019 Avg (January) 0.4819

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4865	0.4680	0.4813
February	0.4771	0.4647	0.4716
March	0.4660	0.3844	0.4270
April	0.4346	0.4152	0.4271
May	0.4490	0.4221	0.4393
June	0.4631	0.4436	0.4506
July	0.4611	0.4495	0.4541
August	0.4643	0.4487	0.4569
September	0.4639	0.4375	0.4508
October	0.4514	0.4379	0.4456
November	0.4631	0.4363	0.4529
December	0.4639	0.4557	0.4598