YEARLY HIGH
2.4844 SCR
YEARLY LOW
1.1572 SCR
YEARLY AVERAGE
1.8337 SCR

2020 NOK to SCR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to SCR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 2.4844. Conversely, the yearly low was recorded on March 21, dropping to 1.1572.

This high-to-low spread represents a total annual volatility of 1.3272 SCR. From a start-to-finish perspective, comparing the January average rate of 1.5279 to the December average rate of 2.4356, the exchange rate registered a net change of 59.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.4844 was up 53.03% compared to the 2019 peak of 1.6235, 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 12,422 SCR
2019 Average 7,777 SCR
Yearly Trough Low 5,786 SCR
Transaction Impact: A difference of 6,635.87 SCR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.5454
1.2275
JanuMarcMayJulySeptNove

NOK to SCR 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 1.5791, compared to 2.0883 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5092 points.

H1 Avg (Jan–Jun) 1.5791
H2 Avg (Jul–Dec) 2.0883

Volatility Range Comparison

Volatility

The most volatile month in 2020 was April, with a trading range of 0.3991 SCR (High: 1.7094 / Low: 1.3103). On the other end, February was the most stable month, with a tight range of 0.0740 SCR (High: 1.4876 / Low: 1.4136).

April Spread (Volatile) ±0.3991
February Spread (Stable) ±0.0740

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 0.1338 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1338

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 2.4356) against the same month in 2019 (average: 1.5196), the exchange rate shifted by +0.9159 (+60.27%).

2020 Avg (December) 2.4356
2019 Avg (December) 1.5196

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.5674 1.4514 1.5279
February 1.4876 1.4136 1.4711
March 1.4809 1.1572 1.3373
April 1.7094 1.3103 1.5715
May 1.8095 1.5838 1.7250
June 1.9192 1.7573 1.8418
July 1.9844 1.8500 1.8993
August 2.0910 1.9511 1.9969
September 2.0441 1.8784 1.9627
October 2.0951 1.9232 1.9896
November 2.3574 2.0192 2.2455
December 2.4844 2.3611 2.4356