2020 NOK to SYP Historical Review

YEARLY HIGH

60.0884 SYP

YEARLY LOW

43.6437 SYP

YEARLY AVERAGE

54.6868 SYP

2020 NOK to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 60.0884. Conversely, the yearly low was recorded on March 21, dropping to 43.6437.

This high-to-low spread represents a total annual volatility of 16.4447 SYP. From a start-to-finish perspective, comparing the January average rate of 57.5893 to the December average rate of 58.9335, the exchange rate registered a net change of 2.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 60.0884 was down 1.76% compared to the 2019 peak of 61.1623, 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 300,442 SYP

2019 Average 292,882 SYP

Yearly Trough Low 218,219 SYP

Transaction Impact: A difference of 82,223.51 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

59.8987

48.3169

JanuMarcMayJulySeptNove

NOK to SYP 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 52.8961, compared to 56.4776 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.5815 points.

H1 Avg (Jan–Jun) 52.8961

H2 Avg (Jul–Dec) 56.4776

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 12.0017 SYP (High: 55.6454 / Low: 43.6437). On the other end, February was the most stable month, with a tight range of 1.1572 SYP (High: 55.9435 / Low: 54.7863).

March Spread (Volatile) ±12.0017

February Spread (Stable) ±1.1572

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 5.0653 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -5.0653

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 58.9335) against the same month in 2019 (average: 57.1249), the exchange rate shifted by +1.8086 (+3.17%).

2020 Avg (December) 58.9335

2019 Avg (December) 57.1249

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	58.6945	55.9435	57.5893
February	55.9435	54.7863	55.4431
March	55.6454	43.6437	50.3778
April	50.3621	47.5701	49.2820
May	52.8592	49.2194	50.8856
June	55.4788	52.7899	53.7988
July	56.6646	53.8393	55.1609
August	58.6017	56.1397	57.2101
September	58.4265	53.5312	55.9281
October	56.0641	53.7697	55.1298
November	58.1339	53.5500	56.5029
December	60.0884	58.0260	58.9335