2020 NOK to USD Historical Review

YEARLY HIGH

0.1172 USD

YEARLY LOW

0.0848 USD

YEARLY AVERAGE

0.1066 USD

2020 NOK to USD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to USD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.1172. Conversely, the yearly low was recorded on March 21, dropping to 0.0848.

This high-to-low spread represents a total annual volatility of 0.0324 USD. From a start-to-finish perspective, comparing the January average rate of 0.1118 to the December average rate of 0.1149, the exchange rate registered a net change of 2.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1172 was down 1.35% compared to the 2019 peak of 0.1188, 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 586 USD

2019 Average 569 USD

Yearly Trough Low 424 USD

Transaction Impact: A difference of 161.94 USD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1168

0.0941

JanuMarcMayJulySeptNove

NOK to USD 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 0.1029, compared to 0.1102 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0073 points.

H1 Avg (Jan–Jun) 0.1029

H2 Avg (Jul–Dec) 0.1102

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0233 USD (High: 0.1081 / Low: 0.0848). On the other end, February was the most stable month, with a tight range of 0.0022 USD (High: 0.1086 / Low: 0.1064).

March Spread (Volatile) ±0.0233

February Spread (Stable) ±0.0022

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 0.0098 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0098

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.1149) against the same month in 2019 (average: 0.1109), the exchange rate shifted by +0.0040 (+3.59%).

2020 Avg (December) 0.1149

2019 Avg (December) 0.1109

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1140	0.1086	0.1118
February	0.1086	0.1064	0.1077
March	0.1081	0.0848	0.0979
April	0.0980	0.0927	0.0960
May	0.1029	0.0958	0.0991
June	0.1082	0.1029	0.1048
July	0.1107	0.1049	0.1076
August	0.1146	0.1095	0.1118
September	0.1143	0.1045	0.1093
October	0.1094	0.1049	0.1076
November	0.1133	0.1045	0.1102
December	0.1172	0.1131	0.1149