YEARLY HIGH
0.1623 BND
YEARLY LOW
0.1490 BND
YEARLY AVERAGE
0.1563 BND

2021 NOK to BND Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to BND exchange rate experienced significant fluctuation. The market reached its absolute peak on May 16, valuing the pair at 0.1623. Conversely, the yearly low was recorded on December 4, dropping to 0.1490.

This high-to-low spread represents a total annual volatility of 0.0132 BND. From a start-to-finish perspective, comparing the January average rate of 0.1557 to the December average rate of 0.1520, the exchange rate registered a net change of -2.40% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1623 was up 4.22% compared to the 2020 peak of 0.1557, 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 811 BND
2020 Average 734 BND
Yearly Trough Low 745 BND
Transaction Impact: A difference of 66.10 BND purely based on transaction execution date.

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0.1609
0.1511
JanuMarcMayJulySeptNove

NOK to BND 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 0.1577, compared to 0.1549 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.1577
H2 Avg (Jul–Dec) 0.1549

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0091 BND (High: 0.1601 / Low: 0.1510). On the other end, September was the most stable month, with a tight range of 0.0035 BND (High: 0.1579 / Low: 0.1543).

November Spread (Volatile) Âą0.0091
September Spread (Stable) Âą0.0035

Growth Streaks & Declines

Trends

Between January and May, 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 October and November, when the average rate fell by 0.0046 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0046

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 0.1600) against the same month in 2020 (average: 0.1405), the exchange rate shifted by +0.0196 (+13.92%).

2021 Avg (May) 0.1600
2020 Avg (May) 0.1405

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Month High Low Average
January 0.1576 0.1531 0.1557
February 0.1577 0.1522 0.1561
March 0.1604 0.1550 0.1574
April 0.1622 0.1574 0.1591
May 0.1623 0.1581 0.1600
June 0.1602 0.1547 0.1581
July 0.1570 0.1518 0.1543
August 0.1552 0.1506 0.1530
September 0.1579 0.1543 0.1555
October 0.1616 0.1573 0.1596
November 0.1601 0.1510 0.1549
December 0.1543 0.1490 0.1520