YEARLY HIGH
9.1850 NOK
YEARLY LOW
8.1745 NOK
YEARLY AVERAGE
8.5991 NOK

2021 BMD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BMD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 9.1850. Conversely, the yearly low was recorded on April 28, dropping to 8.1745.

This high-to-low spread represents a total annual volatility of 1.0105 NOK. From a start-to-finish perspective, comparing the January average rate of 8.5223 to the December average rate of 8.9728, the exchange rate registered a net change of 5.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 9.1850 was down 22.14% compared to the 2020 peak of 11.7965, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 45,925 NOK
2020 Average 47,100 NOK
Yearly Trough Low 40,873 NOK
Transaction Impact: A difference of 5,052.47 NOK purely based on transaction execution date.

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9.0393
8.2411
JanuMarcMayJulySeptNove

BMD 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 8.4490, compared to 8.7492 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3002 points.

H1 Avg (Jan–Jun) 8.4490
H2 Avg (Jul–Dec) 8.7492

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.6521 NOK (High: 9.0747 / Low: 8.4226). On the other end, May was the most stable month, with a tight range of 0.1881 NOK (High: 8.3966 / Low: 8.2085).

November Spread (Volatile) Âą0.6521
May Spread (Stable) Âą0.1881

Growth Streaks & Declines

Trends

Between 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 0.1956 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1956

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 8.9728) against the same month in 2020 (average: 8.7034), the exchange rate shifted by +0.2694 (+3.09%).

2021 Avg (December) 8.9728
2020 Avg (December) 8.7034

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Month High Low Average
January 8.6671 8.4038 8.5223
February 8.6589 8.3735 8.5075
March 8.6578 8.4014 8.5266
April 8.5327 8.1745 8.3960
May 8.3966 8.2085 8.3077
June 8.6731 8.2651 8.4339
July 9.0039 8.5639 8.7729
August 9.0413 8.6724 8.8549
September 8.7710 8.5675 8.6623
October 8.6320 8.3169 8.4666
November 9.0747 8.4226 8.7658
December 9.1850 8.7781 8.9728