YEARLY HIGH
1.6583 SRD
YEARLY LOW
0.6322 SRD
YEARLY AVERAGE
0.9980 SRD

2020 NOK to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1.6583. Conversely, the yearly low was recorded on March 21, dropping to 0.6322.

This high-to-low spread represents a total annual volatility of 1.0261 SRD. From a start-to-finish perspective, comparing the January average rate of 0.8340 to the December average rate of 1.6264, the exchange rate registered a net change of 95.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.6583 was up 87.22% compared to the 2019 peak of 0.8857, 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 8,291 SRD
2019 Average 4,241 SRD
Yearly Trough Low 3,161 SRD
Transaction Impact: A difference of 5,130.29 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.7175
0.6247
JanuMarcMayJulySeptNove

NOK to SRD 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 0.7673, compared to 1.2287 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4614 points.

H1 Avg (Jan–Jun) 0.7673
H2 Avg (Jul–Dec) 1.2287

Volatility Range Comparison

Volatility

The most volatile month in 2020 was September, with a trading range of 0.7144 SRD (High: 1.5173 / Low: 0.8029). On the other end, February was the most stable month, with a tight range of 0.0168 SRD (High: 0.8101 / Low: 0.7934).

September Spread (Volatile) ±0.7144
February Spread (Stable) ±0.0168

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0730 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0730

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 1.6264) against the same month in 2019 (average: 0.8273), the exchange rate shifted by +0.7992 (+96.60%).

2020 Avg (December) 1.6264
2019 Avg (December) 0.8273

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8499 0.8101 0.8340
February 0.8101 0.7934 0.8029
March 0.8060 0.6322 0.7299
April 0.7310 0.6912 0.7158
May 0.7674 0.7146 0.7393
June 0.8068 0.7671 0.7817
July 0.8254 0.7827 0.8021
August 0.8544 0.8168 0.8337
September 1.5173 0.8029 1.0275
October 1.5490 1.4850 1.5230
November 1.6042 1.4784 1.5595
December 1.6583 1.6014 1.6264