YEARLY HIGH
1182.5771 SLL
YEARLY LOW
644.1582 SLL
YEARLY AVERAGE
985.1275 SLL

2020 NOK to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1182.5771. Conversely, the yearly low was recorded on March 20, dropping to 644.1582.

This high-to-low spread represents a total annual volatility of 538.4188 SLL. From a start-to-finish perspective, comparing the January average rate of 837.3567 to the December average rate of 1163.7364, the exchange rate registered a net change of 38.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1182.5771 was up 12.16% compared to the 2019 peak of 1054.3484, 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 5,912,885 SLL
2019 Average 4,554,419 SLL
Yearly Trough Low 3,220,791 SLL
Transaction Impact: A difference of 2,692,094.17 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1205.7086
702.0423
JanuMarcMayJulySeptNove

NOK to SLL 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 875.5429, compared to 1094.7121 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 219.1692 points.

H1 Avg (Jan–Jun) 875.5429
H2 Avg (Jul–Dec) 1094.7121

Volatility Range Comparison

Volatility

The most volatile month in 2020 was April, with a trading range of 228.9441 SLL (High: 946.0376 / Low: 717.0935). On the other end, February was the most stable month, with a tight range of 16.6477 SLL (High: 822.6573 / Low: 806.0096).

April Spread (Volatile) ±228.9441
February Spread (Stable) ±16.6477

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 71.9367 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -71.9367

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 1163.7364) against the same month in 2019 (average: 829.4475), the exchange rate shifted by +334.2889 (+40.30%).

2020 Avg (December) 1163.7364
2019 Avg (December) 829.4475

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 853.3616 813.0429 837.3567
February 822.6573 806.0096 815.9512
March 821.7338 644.1582 744.0145
April 946.0376 717.0935 865.8107
May 1003.8074 929.8747 968.9090
June 1054.7442 1000.2566 1021.2151
July 1082.6283 1021.1398 1050.2075
August 1132.6054 1073.7968 1100.6645
September 1129.7275 1024.2109 1077.9465
October 1081.7209 1045.6901 1064.8097
November 1166.6000 1040.2613 1110.9076
December 1182.5771 1149.9022 1163.7364