YEARLY HIGH
0.3187 TND
YEARLY LOW
0.2480 TND
YEARLY AVERAGE
0.2986 TND

2020 NOK to TND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to TND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 9, valuing the pair at 0.3187. Conversely, the yearly low was recorded on March 21, dropping to 0.2480.

This high-to-low spread represents a total annual volatility of 0.0707 TND. From a start-to-finish perspective, comparing the January average rate of 0.3145 to the December average rate of 0.3104, the exchange rate registered a net change of -1.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.3187 was down 11.05% compared to the 2019 peak of 0.3583, 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 1,594 TND
2019 Average 1,664 TND
Yearly Trough Low 1,240 TND
Transaction Impact: A difference of 353.63 TND purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.3182
0.2745
JanuMarcMayJulySeptNove

NOK to TND 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 0.2940, compared to 0.3032 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0092 points.

H1 Avg (Jan–Jun) 0.2940
H2 Avg (Jul–Dec) 0.3032

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0581 TND (High: 0.3061 / Low: 0.2480). On the other end, February was the most stable month, with a tight range of 0.0062 TND (High: 0.3092 / Low: 0.3030).

March Spread (Volatile) ±0.0581
February Spread (Stable) ±0.0062

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 0.0265 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0265

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.3145) against the same month in 2019 (average: 0.3465), the exchange rate shifted by -0.0320 (-9.24%).

2020 Avg (January) 0.3145
2019 Avg (January) 0.3465

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3187 0.3063 0.3145
February 0.3092 0.3030 0.3060
March 0.3061 0.2480 0.2795
April 0.2842 0.2697 0.2781
May 0.2957 0.2779 0.2872
June 0.3087 0.2934 0.2986
July 0.3084 0.2994 0.3028
August 0.3164 0.2991 0.3058
September 0.3114 0.2905 0.3009
October 0.3012 0.2910 0.2965
November 0.3105 0.2897 0.3026
December 0.3142 0.3067 0.3104