2020 PEN to NOK Historical Review

YEARLY HIGH

3.3671 NOK

YEARLY LOW

2.3578 NOK

YEARLY AVERAGE

2.6993 NOK

2020 PEN to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the PEN to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 3.3671. Conversely, the yearly low was recorded on December 30, dropping to 2.3578.

This high-to-low spread represents a total annual volatility of 1.0092 NOK. From a start-to-finish perspective, comparing the January average rate of 2.6894 to the December average rate of 2.4172, the exchange rate registered a net change of -10.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 3.3671 was up 21.69% compared to the 2019 peak of 2.7670, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 PEN based on timing:

Yearly Peak High 16,835 NOK

2019 Average 13,186 NOK

Yearly Trough Low 11,789 NOK

Transaction Impact: A difference of 5,046.17 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

3.1292

2.3524

JanuMarcMayJulySeptNove

PEN to NOK 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 2.8568, compared to 2.5418 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3150 points.

H1 Avg (Jan–Jun) 2.8568

H2 Avg (Jul–Dec) 2.5418

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.7019 NOK (High: 3.3671 / Low: 2.6651). On the other end, February was the most stable month, with a tight range of 0.0400 NOK (High: 2.7596 / Low: 2.7196).

March Spread (Volatile) ±0.7019

February Spread (Stable) ±0.0400

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.2076 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2076

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 2.9468) against the same month in 2019 (average: 2.6026), the exchange rate shifted by +0.3442 (+13.23%).

2020 Avg (March) 2.9468

2019 Avg (March) 2.6026

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7479	2.6323	2.6894
February	2.7596	2.7196	2.7396
March	3.3671	2.6651	2.9468
April	3.1909	3.0113	3.0645
May	3.1088	2.8324	2.9540
June	2.8130	2.6916	2.7464
July	2.7018	2.5718	2.6446
August	2.5840	2.4622	2.5133
September	2.6720	2.4710	2.5739
October	2.6327	2.5520	2.5850
November	2.6479	2.4471	2.5167
December	2.4561	2.3578	2.4172