YEARLY HIGH
2.7824 NOK
YEARLY LOW
2.2916 NOK
YEARLY AVERAGE
2.4152 NOK

2020 PLN to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the PLN to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 2.7824. Conversely, the yearly low was recorded on December 30, dropping to 2.2916.

This high-to-low spread represents a total annual volatility of 0.4908 NOK. From a start-to-finish perspective, comparing the January average rate of 2.3376 to the December average rate of 2.3665, the exchange rate registered a net change of 1.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.7824 was up 15.67% compared to the 2019 peak of 2.4054, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 55,647 NOK
2019 Average 45,844 NOK
Yearly Trough Low 45,831 NOK
Transaction Impact: A difference of 9,816.15 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.5815
2.3154
JanuMarcMayJulySeptNove

PLN 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 2.4342, compared to 2.3963 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0379 points.

H1 Avg (Jan–Jun) 2.4342
H2 Avg (Jul–Dec) 2.3963

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.3847 NOK (High: 2.7824 / Low: 2.3977). On the other end, February was the most stable month, with a tight range of 0.0452 NOK (High: 2.3912 / Low: 2.3460).

March Spread (Volatile) ±0.3847
February Spread (Stable) ±0.0452

Growth Streaks & Declines

Trends

Between July and October, 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 March and April, when the average rate fell by 0.0681 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0681

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 2.5593) against the same month in 2019 (average: 2.2608), the exchange rate shifted by +0.2985 (+13.20%).

2020 Avg (March) 2.5593
2019 Avg (March) 2.2608

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3770 2.3133 2.3376
February 2.3912 2.3460 2.3694
March 2.7824 2.3977 2.5593
April 2.5632 2.4506 2.4913
May 2.5033 2.3966 2.4317
June 2.4500 2.3619 2.4160
July 2.4384 2.3621 2.3946
August 2.4418 2.3695 2.4039
September 2.4549 2.3672 2.4096
October 2.4451 2.3630 2.4106
November 2.4188 2.3527 2.3924
December 2.4095 2.2916 2.3665