YEARLY HIGH
0.0203 NOK
YEARLY LOW
0.0147 NOK
YEARLY AVERAGE
0.0162 NOK

2020 SOS to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SOS to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 0.0203. Conversely, the yearly low was recorded on December 30, dropping to 0.0147.

This high-to-low spread represents a total annual volatility of 0.0056 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0154 to the December average rate of 0.0150, the exchange rate registered a net change of -2.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0203 was up 26.81% compared to the 2019 peak of 0.0160, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 101 NOK
2019 Average 76 NOK
Yearly Trough Low 73 NOK
Transaction Impact: A difference of 27.78 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0182
0.0147
JanuMarcMayJulySeptNove

SOS 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 0.0168, compared to 0.0156 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0168
H2 Avg (Jul–Dec) 0.0156

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0044 NOK (High: 0.0203 / Low: 0.0158). On the other end, February was the most stable month, with a tight range of 0.0005 NOK (High: 0.0162 / Low: 0.0157).

March Spread (Volatile) ±0.0044
February Spread (Stable) ±0.0005

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 0.0010 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0177) against the same month in 2019 (average: 0.0148), the exchange rate shifted by +0.0028 (+19.05%).

2020 Avg (March) 0.0177
2019 Avg (March) 0.0148

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0158 0.0151 0.0154
February 0.0162 0.0157 0.0159
March 0.0203 0.0158 0.0177
April 0.0186 0.0176 0.0179
May 0.0181 0.0167 0.0174
June 0.0167 0.0159 0.0164
July 0.0164 0.0156 0.0160
August 0.0157 0.0151 0.0154
September 0.0165 0.0151 0.0158
October 0.0164 0.0157 0.0160
November 0.0165 0.0151 0.0156
December 0.0152 0.0147 0.0150