2021 BHD to NOK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 BHD to NOK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the BHD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 24.3677. Conversely, the yearly low was recorded on April 28, dropping to 21.6852.
This high-to-low spread represents a total annual volatility of 2.6825 NOK. From a start-to-finish perspective, comparing the January average rate of 22.6018 to the December average rate of 23.7990, the exchange rate registered a net change of 5.30% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 24.3677 was down 22.04% compared to the 2020 peak of 31.2550, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BHD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
BHD to NOK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 22.4113, compared to 23.2077 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7964 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was November, with a trading range of 1.7178 NOK (High: 24.0583 / Low: 22.3405). On the other end, May was the most stable month, with a tight range of 0.5014 NOK (High: 22.2738 / Low: 21.7724).
Growth Streaks & Declines
TrendsBetween May and August, 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 0.5222 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 23.7990) against the same month in 2020 (average: 23.0833), the exchange rate shifted by +0.7157 (+3.10%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 22.9843 | 22.2903 | 22.6018 |
| February | 22.9537 | 22.2060 | 22.5645 |
| March | 22.9685 | 22.2842 | 22.6159 |
| April | 22.6231 | 21.6852 | 22.2705 |
| May | 22.2738 | 21.7724 | 22.0422 |
| June | 23.0100 | 21.9229 | 22.3730 |
| July | 23.8816 | 22.7174 | 23.2712 |
| August | 23.9933 | 23.0111 | 23.4901 |
| September | 23.2633 | 22.7289 | 22.9804 |
| October | 22.8945 | 22.0623 | 22.4583 |
| November | 24.0583 | 22.3405 | 23.2472 |
| December | 24.3677 | 23.2774 | 23.7990 |