YEARLY HIGH
2.6018 NOK
YEARLY LOW
2.0555 NOK
YEARLY AVERAGE
2.2188 NOK

2020 RON to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the RON to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 2.6018. Conversely, the yearly low was recorded on January 2, dropping to 2.0555.

This high-to-low spread represents a total annual volatility of 0.5463 NOK. From a start-to-finish perspective, comparing the January average rate of 2.0781 to the December average rate of 2.1750, the exchange rate registered a net change of 4.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.6018 was up 20.64% compared to the 2019 peak of 2.1566, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,009 NOK
2019 Average 10,377 NOK
Yearly Trough Low 10,278 NOK
Transaction Impact: A difference of 2,731.37 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.3778
2.0508
JanuMarcMayJulySeptNove

RON 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 2.2313, compared to 2.2062 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0251 points.

H1 Avg (Jan–Jun) 2.2313
H2 Avg (Jul–Dec) 2.2062

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.4560 NOK (High: 2.6018 / Low: 2.1458). On the other end, December was the most stable month, with a tight range of 0.0386 NOK (High: 2.1944 / Low: 2.1557).

March Spread (Volatile) ±0.4560
December Spread (Stable) ±0.0386

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 April and May, when the average rate fell by 0.0650 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0650

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 2.3505) against the same month in 2019 (average: 2.0436), the exchange rate shifted by +0.3070 (+15.02%).

2020 Avg (March) 2.3505
2019 Avg (March) 2.0436

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1370 2.0555 2.0781
February 2.1519 2.0961 2.1208
March 2.6018 2.1458 2.3505
April 2.4085 2.3009 2.3419
May 2.3692 2.2270 2.2769
June 2.2543 2.1595 2.2195
July 2.2248 2.1686 2.2023
August 2.2287 2.1537 2.1886
September 2.2856 2.1555 2.2190
October 2.2834 2.2154 2.2441
November 2.2918 2.1593 2.2083
December 2.1944 2.1557 2.1750