YEARLY HIGH
0.0823 XDR
YEARLY LOW
0.0628 XDR
YEARLY AVERAGE
0.0765 XDR

2020 NOK to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0823. Conversely, the yearly low was recorded on March 21, dropping to 0.0628.

This high-to-low spread represents a total annual volatility of 0.0195 XDR. From a start-to-finish perspective, comparing the January average rate of 0.0810 to the December average rate of 0.0799, the exchange rate registered a net change of -1.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0823 was down 2.96% compared to the 2019 peak of 0.0848, 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 412 XDR
2019 Average 411 XDR
Yearly Trough Low 314 XDR
Transaction Impact: A difference of 97.58 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0821
0.0693
JanuMarcMayJulySeptNove

NOK to XDR 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 0.0750, compared to 0.0779 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0029 points.

H1 Avg (Jan–Jun) 0.0750
H2 Avg (Jul–Dec) 0.0779

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0155 XDR (High: 0.0783 / Low: 0.0628). On the other end, February was the most stable month, with a tight range of 0.0016 XDR (High: 0.0791 / Low: 0.0776).

March Spread (Volatile) ±0.0155
February Spread (Stable) ±0.0016

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 0.0073 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0073

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.0810) against the same month in 2019 (average: 0.0837), the exchange rate shifted by -0.0027 (-3.19%).

2020 Avg (January) 0.0810
2019 Avg (January) 0.0837

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0823 0.0789 0.0810
February 0.0791 0.0776 0.0786
March 0.0783 0.0628 0.0713
April 0.0718 0.0680 0.0704
May 0.0752 0.0699 0.0727
June 0.0783 0.0746 0.0760
July 0.0790 0.0761 0.0774
August 0.0807 0.0777 0.0792
September 0.0804 0.0745 0.0774
October 0.0774 0.0742 0.0762
November 0.0795 0.0740 0.0775
December 0.0813 0.0788 0.0799