YEARLY HIGH
1.5817 NOK
YEARLY LOW
0.6030 NOK
YEARLY AVERAGE
1.1050 NOK

2020 SRD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SRD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 1.5817. Conversely, the yearly low was recorded on December 30, dropping to 0.6030.

This high-to-low spread represents a total annual volatility of 0.9787 NOK. From a start-to-finish perspective, comparing the January average rate of 1.1992 to the December average rate of 0.6149, the exchange rate registered a net change of -48.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.5817 was up 27.84% compared to the 2019 peak of 1.2373, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,909 NOK
2019 Average 5,899 NOK
Yearly Trough Low 3,015 NOK
Transaction Impact: A difference of 4,893.46 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.4756
0.5367
JanuMarcMayJulySeptNove

SRD 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 1.3089, compared to 0.9011 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4078 points.

H1 Avg (Jan–Jun) 1.3089
H2 Avg (Jul–Dec) 0.9011

Volatility Range Comparison

Volatility

The most volatile month in 2020 was September, with a trading range of 0.5864 NOK (High: 1.2455 / Low: 0.6591). On the other end, December was the most stable month, with a tight range of 0.0214 NOK (High: 0.6245 / Low: 0.6030).

September Spread (Volatile) ±0.5864
December Spread (Stable) ±0.0214

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 September and October, when the average rate fell by 0.3902 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3902

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 1.3785) against the same month in 2019 (average: 1.1534), the exchange rate shifted by +0.2251 (+19.52%).

2020 Avg (March) 1.3785
2019 Avg (March) 1.1534

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2344 1.1766 1.1992
February 1.2604 1.2344 1.2456
March 1.5817 1.2407 1.3785
April 1.4467 1.3680 1.3974
May 1.3994 1.3030 1.3531
June 1.3036 1.2395 1.2796
July 1.2776 1.2115 1.2470
August 1.2243 1.1704 1.1997
September 1.2455 0.6591 1.0469
October 0.6734 0.6456 0.6567
November 0.6764 0.6233 0.6415
December 0.6245 0.6030 0.6149