2020 QAR to NOK Historical Review

YEARLY HIGH

3.2399 NOK

YEARLY LOW

2.3441 NOK

YEARLY AVERAGE

2.5873 NOK

2020 QAR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the QAR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 3.2399. Conversely, the yearly low was recorded on December 30, dropping to 2.3441.

This high-to-low spread represents a total annual volatility of 0.8958 NOK. From a start-to-finish perspective, comparing the January average rate of 2.4565 to the December average rate of 2.3899, the exchange rate registered a net change of -2.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 3.2399 was up 27.84% compared to the 2019 peak of 2.5344, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 16,200 NOK

2019 Average 12,084 NOK

Yearly Trough Low 11,720 NOK

Transaction Impact: A difference of 4,479.20 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.9094

2.3427

JanuMarcMayJulySeptNove

QAR 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 2.6810, compared to 2.4935 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1874 points.

H1 Avg (Jan–Jun) 2.6810

H2 Avg (Jul–Dec) 2.4935

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.6986 NOK (High: 3.2399 / Low: 2.5413). On the other end, February was the most stable month, with a tight range of 0.0535 NOK (High: 2.5818 / Low: 2.5284).

March Spread (Volatile) ±0.6986

February Spread (Stable) ±0.0535

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 0.1498 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1498

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 2.8239) against the same month in 2019 (average: 2.3625), the exchange rate shifted by +0.4614 (+19.53%).

2020 Avg (March) 2.8239

2019 Avg (March) 2.3625

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.5284	2.4100	2.4565
February	2.5818	2.5284	2.5513
March	3.2399	2.5413	2.8239
April	2.9634	2.8020	2.8622
May	2.8701	2.6690	2.7709
June	2.6703	2.5388	2.6210
July	2.6168	2.4818	2.5543
August	2.5079	2.3995	2.4568
September	2.6276	2.4039	2.5136
October	2.6178	2.5092	2.5528
November	2.6294	2.4232	2.4938
December	2.4277	2.3441	2.3899