2020 NOK to SOS Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 NOK to SOS Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the NOK to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 68.0377. Conversely, the yearly low was recorded on March 22, dropping to 49.3715.
This high-to-low spread represents a total annual volatility of 18.6662 SOS. From a start-to-finish perspective, comparing the January average rate of 64.8956 to the December average rate of 66.7579, the exchange rate registered a net change of 2.87% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 68.0377 was down 1.26% compared to the 2019 peak of 68.9048, 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 SOS 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 59.7967, compared to 64.0097 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.2130 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 13.8485 SOS (High: 63.2200 / Low: 49.3715). On the other end, February was the most stable month, with a tight range of 1.7830 SOS (High: 63.6555 / Low: 61.8726).
Growth Streaks & Declines
TrendsBetween 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 5.7328 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 66.7579) against the same month in 2019 (average: 64.3157), the exchange rate shifted by +2.4422 (+3.80%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 66.2630 | 63.2185 | 64.8956 |
| February | 63.6555 | 61.8726 | 62.7228 |
| March | 63.2200 | 49.3715 | 56.9900 |
| April | 56.8474 | 53.6745 | 55.7257 |
| May | 59.7860 | 55.3052 | 57.5572 |
| June | 62.7680 | 59.7593 | 60.8890 |
| July | 64.2889 | 60.9904 | 62.4567 |
| August | 66.2140 | 63.5489 | 64.7769 |
| September | 66.0791 | 60.7001 | 63.5125 |
| October | 63.7821 | 60.8740 | 62.5237 |
| November | 66.0560 | 60.6480 | 64.0303 |
| December | 68.0377 | 65.7994 | 66.7579 |