YEARLY HIGH
3.1391 NOK
YEARLY LOW
2.2750 NOK
YEARLY AVERAGE
2.5103 NOK

2020 SAR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SAR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 3.1391. Conversely, the yearly low was recorded on December 30, dropping to 2.2750.

This high-to-low spread represents a total annual volatility of 0.8641 NOK. From a start-to-finish perspective, comparing the January average rate of 2.3840 to the December average rate of 2.3199, the exchange rate registered a net change of -2.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 3.1391 was up 27.58% compared to the 2019 peak of 2.4605, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,695 NOK
2019 Average 11,731 NOK
Yearly Trough Low 11,375 NOK
Transaction Impact: A difference of 4,320.37 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.8168
2.2747
JanuMarcMayJulySeptNove

SAR 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 2.5999, compared to 2.4207 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1792 points.

H1 Avg (Jan–Jun) 2.5999
H2 Avg (Jul–Dec) 2.4207

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.6730 NOK (High: 3.1391 / Low: 2.4661). On the other end, February was the most stable month, with a tight range of 0.0511 NOK (High: 2.5048 / Low: 2.4538).

March Spread (Volatile) ±0.6730
February Spread (Stable) ±0.0511

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 0.1430 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1430

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 2.7380) against the same month in 2019 (average: 2.2936), the exchange rate shifted by +0.4444 (+19.38%).

2020 Avg (March) 2.7380
2019 Avg (March) 2.2936

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.4538 2.3391 2.3840
February 2.5048 2.4538 2.4763
March 3.1391 2.4661 2.7380
April 2.8669 2.7105 2.7716
May 2.7785 2.5873 2.6861
June 2.5914 2.4637 2.5431
July 2.5403 2.4088 2.4794
August 2.4343 2.3275 2.3857
September 2.5506 2.3331 2.4400
October 2.5413 2.4359 2.4780
November 2.5527 2.3524 2.4210
December 2.3561 2.2750 2.3199