2020 NOK to TOP Historical Review

YEARLY HIGH

0.2669 TOP

YEARLY LOW

0.2033 TOP

YEARLY AVERAGE

0.2451 TOP

2020 NOK to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.2669. Conversely, the yearly low was recorded on March 21, dropping to 0.2033.

This high-to-low spread represents a total annual volatility of 0.0636 TOP. From a start-to-finish perspective, comparing the January average rate of 0.2568 to the December average rate of 0.2624, the exchange rate registered a net change of 2.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2669 was down 1.23% compared to the 2019 peak of 0.2702, 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 1,335 TOP

2019 Average 1,302 TOP

Yearly Trough Low 1,016 TOP

Transaction Impact: A difference of 318.22 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2663

0.2204

JanuMarcMayJulySeptNove

NOK to TOP 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 0.2378, compared to 0.2525 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0147 points.

H1 Avg (Jan–Jun) 0.2378

H2 Avg (Jul–Dec) 0.2525

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0477 TOP (High: 0.2510 / Low: 0.2033). On the other end, February was the most stable month, with a tight range of 0.0050 TOP (High: 0.2517 / Low: 0.2467).

March Spread (Volatile) ±0.0477

February Spread (Stable) ±0.0050

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 0.0197 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0197

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.2624) against the same month in 2019 (average: 0.2551), the exchange rate shifted by +0.0073 (+2.88%).

2020 Avg (December) 0.2624

2019 Avg (December) 0.2551

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2604	0.2515	0.2568
February	0.2517	0.2467	0.2494
March	0.2510	0.2033	0.2296
April	0.2299	0.2161	0.2242
May	0.2358	0.2209	0.2288
June	0.2445	0.2335	0.2380
July	0.2513	0.2400	0.2452
August	0.2596	0.2495	0.2549
September	0.2586	0.2411	0.2497
October	0.2531	0.2438	0.2490
November	0.2595	0.2430	0.2535
December	0.2669	0.2587	0.2624