YEARLY HIGH
0.4396 SAR
YEARLY LOW
0.3186 SAR
YEARLY AVERAGE
0.3998 SAR

2020 NOK to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.4396. Conversely, the yearly low was recorded on March 21, dropping to 0.3186.

This high-to-low spread represents a total annual volatility of 0.1210 SAR. From a start-to-finish perspective, comparing the January average rate of 0.4195 to the December average rate of 0.4311, the exchange rate registered a net change of 2.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.4396 was down 1.30% compared to the 2019 peak of 0.4453, 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 2,198 SAR
2019 Average 2,133 SAR
Yearly Trough Low 1,593 SAR
Transaction Impact: A difference of 604.97 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.4381
0.3539
JanuMarcMayJulySeptNove

NOK to SAR 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 0.3862, compared to 0.4134 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0272 points.

H1 Avg (Jan–Jun) 0.3862
H2 Avg (Jul–Dec) 0.4134

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0869 SAR (High: 0.4055 / Low: 0.3186). On the other end, February was the most stable month, with a tight range of 0.0083 SAR (High: 0.4075 / Low: 0.3992).

March Spread (Volatile) ±0.0869
February Spread (Stable) ±0.0083

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 0.0364 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0364

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.4311) against the same month in 2019 (average: 0.4161), the exchange rate shifted by +0.0150 (+3.61%).

2020 Avg (December) 0.4311
2019 Avg (December) 0.4161

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4275 0.4075 0.4195
February 0.4075 0.3992 0.4038
March 0.4055 0.3186 0.3675
April 0.3689 0.3488 0.3609
May 0.3865 0.3599 0.3724
June 0.4059 0.3859 0.3933
July 0.4151 0.3937 0.4034
August 0.4296 0.4108 0.4192
September 0.4286 0.3921 0.4101
October 0.4105 0.3935 0.4036
November 0.4251 0.3917 0.4132
December 0.4396 0.4244 0.4311