2020 NOK to SHP Historical Review

YEARLY HIGH

0.0866 SHP

YEARLY LOW

0.0728 SHP

YEARLY AVERAGE

0.0829 SHP

2020 NOK to SHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to SHP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 0.0866. Conversely, the yearly low was recorded on March 21, dropping to 0.0728.

This high-to-low spread represents a total annual volatility of 0.0139 SHP. From a start-to-finish perspective, comparing the January average rate of 0.0855 to the December average rate of 0.0854, the exchange rate registered a net change of -0.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0866 was down 7.93% compared to the 2019 peak of 0.0941, 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 433 SHP

2019 Average 445 SHP

Yearly Trough Low 364 SHP

Transaction Impact: A difference of 69.32 SHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0863

0.0765

JanuMarcMayJulySeptNove

NOK to SHP 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 0.0815, compared to 0.0844 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.0815

H2 Avg (Jul–Dec) 0.0844

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0115 SHP (High: 0.0843 / Low: 0.0728). On the other end, February was the most stable month, with a tight range of 0.0017 SHP (High: 0.0839 / Low: 0.0821).

March Spread (Volatile) ±0.0115

February Spread (Stable) ±0.0017

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 0.0040 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0855) against the same month in 2019 (average: 0.0906), the exchange rate shifted by -0.0051 (-5.63%).

2020 Avg (January) 0.0855

2019 Avg (January) 0.0906

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0866	0.0823	0.0855
February	0.0839	0.0821	0.0830
March	0.0843	0.0728	0.0790
April	0.0791	0.0752	0.0773
May	0.0834	0.0769	0.0806
June	0.0849	0.0825	0.0837
July	0.0863	0.0838	0.0849
August	0.0863	0.0837	0.0851
September	0.0865	0.0819	0.0844
October	0.0839	0.0811	0.0829
November	0.0851	0.0808	0.0834
December	0.0864	0.0845	0.0854