2020 NOK to SLL Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
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.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |