2020 TRY to NOK Historical Review

YEARLY HIGH

1.8003 NOK

YEARLY LOW

1.0749 NOK

YEARLY AVERAGE

1.3561 NOK

2020 TRY to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 20, valuing the pair at 1.8003. Conversely, the yearly low was recorded on November 7, dropping to 1.0749.

This high-to-low spread represents a total annual volatility of 0.7254 NOK. From a start-to-finish perspective, comparing the January average rate of 1.5095 to the December average rate of 1.1302, the exchange rate registered a net change of -25.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.8003 was up 9.12% compared to the 2019 peak of 1.6498, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 90,015 NOK

2019 Average 77,503 NOK

Yearly Trough Low 53,744 NOK

Transaction Impact: A difference of 36,271.97 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.6667

1.0814

JanuMarcMayJulySeptNove

TRY 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 1.5062, compared to 1.2061 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3001 points.

H1 Avg (Jan–Jun) 1.5062

H2 Avg (Jul–Dec) 1.2061

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.2954 NOK (High: 1.8003 / Low: 1.5049). On the other end, February was the most stable month, with a tight range of 0.0482 NOK (High: 1.5534 / Low: 1.5052).

March Spread (Volatile) ±0.2954

February Spread (Stable) ±0.0482

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 July and August, when the average rate fell by 0.1238 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1238

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 1.6179) against the same month in 2019 (average: 1.5692), the exchange rate shifted by +0.0487 (+3.10%).

2020 Avg (March) 1.6179

2019 Avg (March) 1.5692

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.5389	1.4730	1.5095
February	1.5534	1.5052	1.5314
March	1.8003	1.5049	1.6179
April	1.5748	1.4671	1.5214
May	1.4866	1.4249	1.4573
June	1.4205	1.3634	1.3997
July	1.3904	1.2960	1.3536
August	1.3112	1.1864	1.2298
September	1.2482	1.1873	1.2122
October	1.2007	1.1223	1.1695
November	1.1958	1.0749	1.1412
December	1.1663	1.1112	1.1302