YEARLY HIGH
29.3309 YER
YEARLY LOW
21.2223 YER
YEARLY AVERAGE
26.6740 YER

2020 NOK to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 29.3309. Conversely, the yearly low was recorded on March 21, dropping to 21.2223.

This high-to-low spread represents a total annual volatility of 8.1086 YER. From a start-to-finish perspective, comparing the January average rate of 27.9948 to the December average rate of 28.7614, the exchange rate registered a net change of 2.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 29.3309 was down 1.35% compared to the 2019 peak of 29.7323, 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 146,655 YER
2019 Average 142,336 YER
Yearly Trough Low 106,112 YER
Transaction Impact: A difference of 40,542.91 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

29.2349
23.5526
JanuMarcMayJulySeptNove

NOK to YER 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 25.7539, compared to 27.5942 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8402 points.

H1 Avg (Jan–Jun) 25.7539
H2 Avg (Jul–Dec) 27.5942

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 5.8326 YER (High: 27.0549 / Low: 21.2223). On the other end, February was the most stable month, with a tight range of 0.5630 YER (High: 27.1948 / Low: 26.6318).

March Spread (Volatile) ±5.8326
February Spread (Stable) ±0.5630

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 2.4521 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -2.4521

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 28.7614) against the same month in 2019 (average: 27.7670), the exchange rate shifted by +0.9944 (+3.58%).

2020 Avg (December) 28.7614
2019 Avg (December) 27.7670

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 28.5307 27.1948 27.9948
February 27.1948 26.6318 26.9494
March 27.0549 21.2223 24.4973
April 24.5375 23.2027 24.0262
May 25.7615 23.9870 24.8177
June 27.0826 25.7444 26.2381
July 27.7017 26.2710 26.9250
August 28.6801 27.4182 27.9837
September 28.6072 26.1674 27.3734
October 27.3979 26.2662 26.9386
November 28.3696 26.1502 27.5830
December 29.3309 28.3243 28.7614