YEARLY HIGH
2457.1373 STD
YEARLY LOW
1876.3797 STD
YEARLY AVERAGE
2290.5695 STD

2020 NOK to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NOK to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 2457.1373. Conversely, the yearly low was recorded on March 21, dropping to 1876.3797.

This high-to-low spread represents a total annual volatility of 580.7576 STD. From a start-to-finish perspective, comparing the January average rate of 2411.1205 to the December average rate of 2375.4455, the exchange rate registered a net change of -1.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2457.1373 was down 2.87% compared to the 2019 peak of 2529.6338, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,285,686 STD
2019 Average 12,115,689 STD
Yearly Trough Low 9,381,898 STD
Transaction Impact: A difference of 2,903,787.99 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2440.5653
2087.2279
JanuMarcMayJulySeptNove

NOK to STD 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 2257.9758, compared to 2323.1633 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 65.1876 points.

H1 Avg (Jan–Jun) 2257.9758
H2 Avg (Jul–Dec) 2323.1633

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 506.8278 STD (High: 2383.2075 / Low: 1876.3797). On the other end, December was the most stable month, with a tight range of 45.2164 STD (High: 2391.4536 / Low: 2346.2373).

March Spread (Volatile) ±506.8278
December Spread (Stable) ±45.2164

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 199.0259 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -199.0259

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 2411.1205) against the same month in 2019 (average: 2461.6084), the exchange rate shifted by -50.4878 (-2.05%).

2020 Avg (January) 2411.1205
2019 Avg (January) 2461.6084

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2457.1373 2342.0876 2411.1205
February 2386.1472 2321.8273 2361.8435
March 2383.2075 1876.3797 2162.8176
April 2161.3179 2043.6799 2116.6727
May 2269.0210 2112.7647 2185.9715
June 2385.3822 2262.8546 2309.4287
July 2398.6321 2307.3784 2344.0688
August 2402.7081 2326.1611 2359.8519
September 2396.6009 2198.3230 2292.0724
October 2301.7008 2194.8098 2258.8769
November 2368.9172 2197.8200 2308.6644
December 2391.4536 2346.2373 2375.4455