2020 NOK to VEF Historical Review

YEARLY HIGH

29112.7211 VEF

YEARLY LOW

21064.4691 VEF

YEARLY AVERAGE

26477.0123 VEF

2020 NOK to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 29112.7211. Conversely, the yearly low was recorded on March 21, dropping to 21064.4691.

This high-to-low spread represents a total annual volatility of 8048.2519 VEF. From a start-to-finish perspective, comparing the January average rate of 27788.1124 to the December average rate of 28553.3678, 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 29112.7211 was down 1.35% compared to the 2019 peak of 29511.1829, 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 145,563,605 VEF

2019 Average 141,297,996 VEF

Yearly Trough Low 105,322,346 VEF

Transaction Impact: A difference of 40,241,259.60 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

29023.7960

23378.6571

JanuMarcMayJulySeptNove

NOK to VEF 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 25564.0245, compared to 27390.0002 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1825.9757 points.

H1 Avg (Jan–Jun) 25564.0245

H2 Avg (Jul–Dec) 27390.0002

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 5789.1892 VEF (High: 26853.6584 / Low: 21064.4691). On the other end, February was the most stable month, with a tight range of 558.8461 VEF (High: 26992.5093 / Low: 26433.6632).

March Spread (Volatile) ±5789.1892

February Spread (Stable) ±558.8461

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 2433.0623 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -2433.0623

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 28553.3678) against the same month in 2019 (average: 27562.8682), the exchange rate shifted by +990.4995 (+3.59%).

2020 Avg (December) 28553.3678

2019 Avg (December) 27562.8682

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	28318.4545	26992.5093	27788.1124
February	26992.5093	26433.6632	26750.8117
March	26853.6584	21064.4691	24317.7494
April	24354.9673	23030.0789	23849.0853
May	25569.8335	23808.5907	24633.7919
June	26881.1193	25557.9803	26044.5960
July	27501.1391	26078.1700	26725.9805
August	28466.7354	27214.1859	27775.8631
September	28394.3788	25972.7343	27168.8790
October	27194.1212	26070.8565	26737.4961
November	28164.1780	25955.6263	27378.4146
December	29112.7211	28113.5802	28553.3678