2021 AFN to NOK Historical Review

YEARLY HIGH

0.1133 NOK

YEARLY LOW

0.0763 NOK

YEARLY AVERAGE

0.1038 NOK

2021 AFN to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the AFN to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 0.1133. Conversely, the yearly low was recorded on December 15, dropping to 0.0763.

This high-to-low spread represents a total annual volatility of 0.0370 NOK. From a start-to-finish perspective, comparing the January average rate of 0.1102 to the December average rate of 0.0883, the exchange rate registered a net change of -19.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1133 was down 26.99% compared to the 2020 peak of 0.1551, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 566 NOK

2020 Average 613 NOK

Yearly Trough Low 382 NOK

Transaction Impact: A difference of 184.76 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1124

0.0861

JanuMarcMayJulySeptNove

AFN 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 0.1087, compared to 0.0988 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0099 points.

H1 Avg (Jan–Jun) 0.1087

H2 Avg (Jul–Dec) 0.0988

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0193 NOK (High: 0.0957 / Low: 0.0763). On the other end, May was the most stable month, with a tight range of 0.0029 NOK (High: 0.1082 / Low: 0.1053).

December Spread (Volatile) ±0.0193

May Spread (Stable) ±0.0029

Growth Streaks & Declines

Trends

Between May and July, 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 August and September, when the average rate fell by 0.0067 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0067

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 0.1097) against the same month in 2020 (average: 0.1207), the exchange rate shifted by -0.0110 (-9.10%).

2021 Avg (July) 0.1097

2020 Avg (July) 0.1207

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1121	0.1086	0.1102
February	0.1117	0.1081	0.1100
March	0.1121	0.1082	0.1101
April	0.1105	0.1052	0.1080
May	0.1082	0.1053	0.1068
June	0.1105	0.1053	0.1072
July	0.1133	0.1059	0.1097
August	0.1122	0.1007	0.1066
September	0.1024	0.0974	0.0999
October	0.0966	0.0918	0.0940
November	0.0960	0.0927	0.0945
December	0.0957	0.0763	0.0883