YEARLY HIGH
0.3002 WST
YEARLY LOW
0.2331 WST
YEARLY AVERAGE
0.2832 WST

2020 NOK to WST Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to WST exchange rate experienced significant fluctuation. The market reached its absolute peak on August 30, valuing the pair at 0.3002. Conversely, the yearly low was recorded on March 20, dropping to 0.2331.

This high-to-low spread represents a total annual volatility of 0.0671 WST. From a start-to-finish perspective, comparing the January average rate of 0.2943 to the December average rate of 0.2931, the exchange rate registered a net change of -0.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.3002 was down 3.10% compared to the 2019 peak of 0.3098, 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 1,501 WST
2019 Average 1,495 WST
Yearly Trough Low 1,166 WST
Transaction Impact: A difference of 335.51 WST purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2971
0.2629
JanuMarcMayJulySeptNove

NOK to WST 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 0.2787, compared to 0.2878 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) 0.2787
H2 Avg (Jul–Dec) 0.2878

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0588 WST (High: 0.2919 / Low: 0.2331). On the other end, February was the most stable month, with a tight range of 0.0058 WST (High: 0.2908 / Low: 0.2850).

March Spread (Volatile) ±0.0588
February Spread (Stable) ±0.0058

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0224 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0224

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 0.2929) against the same month in 2019 (average: 0.2952), the exchange rate shifted by -0.0023 (-0.78%).

2020 Avg (August) 0.2929
2019 Avg (August) 0.2952

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2992 0.2868 0.2943
February 0.2908 0.2850 0.2882
March 0.2919 0.2331 0.2658
April 0.2745 0.2562 0.2666
May 0.2846 0.2650 0.2741
June 0.2969 0.2753 0.2831
July 0.2916 0.2778 0.2853
August 0.3002 0.2857 0.2929
September 0.2977 0.2737 0.2862
October 0.2910 0.2747 0.2833
November 0.2936 0.2745 0.2861
December 0.2964 0.2896 0.2931