YEARLY HIGH
0.9469 SBD
YEARLY LOW
0.7009 SBD
YEARLY AVERAGE
0.8768 SBD

2020 NOK to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 31, valuing the pair at 0.9469. Conversely, the yearly low was recorded on March 21, dropping to 0.7009.

This high-to-low spread represents a total annual volatility of 0.2460 SBD. From a start-to-finish perspective, comparing the January average rate of 0.9262 to the December average rate of 0.9241, the exchange rate registered a net change of -0.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.9469 was down 2.43% compared to the 2019 peak of 0.9704, 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 4,735 SBD
2019 Average 4,662 SBD
Yearly Trough Low 3,504 SBD
Transaction Impact: A difference of 1,230.10 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.9390
0.7850
JanuMarcMayJulySeptNove

NOK to SBD 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 0.8537, compared to 0.8999 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0462 points.

H1 Avg (Jan–Jun) 0.8537
H2 Avg (Jul–Dec) 0.8999

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.2196 SBD (High: 0.9204 / Low: 0.7009). On the other end, February was the most stable month, with a tight range of 0.0197 SBD (High: 0.8981 / Low: 0.8784).

March Spread (Volatile) ±0.2196
February Spread (Stable) ±0.0197

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 0.0781 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0781

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 0.9228) against the same month in 2019 (average: 0.9120), the exchange rate shifted by +0.0108 (+1.18%).

2020 Avg (August) 0.9228
2019 Avg (August) 0.9120

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9463 0.8972 0.9262
February 0.8981 0.8784 0.8885
March 0.9204 0.7009 0.8104
April 0.8139 0.7727 0.7978
May 0.8579 0.7928 0.8254
June 0.9021 0.8578 0.8741
July 0.9145 0.8758 0.8949
August 0.9469 0.9016 0.9228
September 0.9445 0.8514 0.8945
October 0.8901 0.8497 0.8740
November 0.9087 0.8429 0.8892
December 0.9409 0.9072 0.9241