YEARLY HIGH
0.0743 NOK
YEARLY LOW
0.0524 NOK
YEARLY AVERAGE
0.0583 NOK

2020 PKR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the PKR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 0.0743. Conversely, the yearly low was recorded on August 30, dropping to 0.0524.

This high-to-low spread represents a total annual volatility of 0.0219 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0578 to the December average rate of 0.0543, the exchange rate registered a net change of -6.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0743 was up 18.03% compared to the 2019 peak of 0.0630, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 37,160 NOK
2019 Average 29,352 NOK
Yearly Trough Low 26,213 NOK
Transaction Impact: A difference of 10,946.91 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0661
0.0521
JanuMarcMayJulySeptNove

PKR 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 0.0611, compared to 0.0554 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0057 points.

H1 Avg (Jan–Jun) 0.0611
H2 Avg (Jul–Dec) 0.0554

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0144 NOK (High: 0.0743 / Low: 0.0600). On the other end, February was the most stable month, with a tight range of 0.0013 NOK (High: 0.0609 / Low: 0.0596).

March Spread (Volatile) ±0.0144
February Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0053 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0053

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0649) against the same month in 2019 (average: 0.0615), the exchange rate shifted by +0.0034 (+5.48%).

2020 Avg (March) 0.0649
2019 Avg (March) 0.0615

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0596 0.0564 0.0578
February 0.0609 0.0596 0.0602
March 0.0743 0.0600 0.0649
April 0.0673 0.0611 0.0633
May 0.0653 0.0598 0.0629
June 0.0591 0.0566 0.0576
July 0.0568 0.0541 0.0556
August 0.0547 0.0524 0.0532
September 0.0578 0.0529 0.0551
October 0.0593 0.0558 0.0571
November 0.0597 0.0554 0.0570
December 0.0552 0.0532 0.0543