YEARLY HIGH
0.7929 TTD
YEARLY LOW
0.5717 TTD
YEARLY AVERAGE
0.7212 TTD

2020 NOK to TTD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to TTD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.7929. Conversely, the yearly low was recorded on March 21, dropping to 0.5717.

This high-to-low spread represents a total annual volatility of 0.2212 TTD. From a start-to-finish perspective, comparing the January average rate of 0.7559 to the December average rate of 0.7804, the exchange rate registered a net change of 3.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.7929 was down 1.50% compared to the 2019 peak of 0.8049, 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 3,965 TTD
2019 Average 3,852 TTD
Yearly Trough Low 2,858 TTD
Transaction Impact: A difference of 1,106.19 TTD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.7936
0.6350
JanuMarcMayJulySeptNove

NOK to TTD 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 0.6951, compared to 0.7472 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0521 points.

H1 Avg (Jan–Jun) 0.6951
H2 Avg (Jul–Dec) 0.7472

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1590 TTD (High: 0.7306 / Low: 0.5717). On the other end, February was the most stable month, with a tight range of 0.0150 TTD (High: 0.7339 / Low: 0.7189).

March Spread (Volatile) ±0.1590
February Spread (Stable) ±0.0150

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 0.0666 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0666

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.7804) against the same month in 2019 (average: 0.7495), the exchange rate shifted by +0.0310 (+4.13%).

2020 Avg (December) 0.7804
2019 Avg (December) 0.7495

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7745 0.7339 0.7559
February 0.7339 0.7189 0.7276
March 0.7306 0.5717 0.6611
April 0.6621 0.6262 0.6482
May 0.6950 0.6427 0.6694
June 0.7323 0.6952 0.7085
July 0.7494 0.7092 0.7272
August 0.7757 0.7401 0.7566
September 0.7741 0.7104 0.7410
October 0.7406 0.7133 0.7300
November 0.7689 0.7101 0.7479
December 0.7929 0.7686 0.7804