YEARLY HIGH
243.7205 CDF
YEARLY LOW
217.5706 CDF
YEARLY AVERAGE
231.6951 CDF

2021 NOK to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 243.7205. Conversely, the yearly low was recorded on December 4, dropping to 217.5706.

This high-to-low spread represents a total annual volatility of 26.1499 CDF. From a start-to-finish perspective, comparing the January average rate of 231.5896 to the December average rate of 222.9937, the exchange rate registered a net change of -3.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 243.7205 was up 5.52% compared to the 2020 peak of 230.9765, 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 1,218,603 CDF
2020 Average 987,947 CDF
Yearly Trough Low 1,087,853 CDF
Transaction Impact: A difference of 130,749.43 CDF purely based on transaction execution date.

āĻĒā§āϰāĻŦāĻŖāϤāĻžāϰ āϚāĻŋāĻ¤ā§āϰāĻžāϝāĻŧāύ

2021 āϏāĻžāϞ āϜ⧁āĻĄāĻŧ⧇ āĻŽāĻžāϏāĻŋāĻ• āĻ—āĻĄāĻŧ āĻ“āĻ āĻžāύāĻžāĻŽāĻžāĨ¤

241.9683
221.2687
JanuMarcMayJulySeptNove

NOK to CDF 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 235.1539, compared to 228.2364 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.9176 points.

H1 Avg (Jan–Jun) 235.1539
H2 Avg (Jul–Dec) 228.2364

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 16.2464 CDF (High: 237.2995 / Low: 221.0530). On the other end, May was the most stable month, with a tight range of 5.3407 CDF (High: 243.3914 / Low: 238.0507).

November Spread (Volatile) Âą16.2464
May Spread (Stable) Âą5.3407

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 June and July, when the average rate fell by 9.0297 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -9.0297

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 237.0046) against the same month in 2020 (average: 164.9127), the exchange rate shifted by +72.0919 (+43.72%).

2021 Avg (April) 237.0046
2020 Avg (April) 164.9127

āĻŽāĻžāϏāĻŋāĻ• āĻŦāĻŋāĻļā§āϞ⧇āώāĻŖ

āĻĒā§āϰāϤāĻŋāϟāĻŋ āĻ•ā§āϝāĻžāϞ⧇āĻ¨ā§āĻĄāĻžāϰ āĻŽāĻžāϏ⧇āϰ āĻĒāϰāĻŋāϏāĻ‚āĻ–ā§āϝāĻžāύāĻ—āϤ āϏāĻžāϰāϏāĻ‚āĻ•ā§āώ⧇āĻĒāĨ¤

Month High Low Average
January 234.6367 228.3144 231.5896
February 236.7667 229.2346 232.8124
March 236.7594 229.6077 233.1342
April 243.7205 232.9191 237.0046
May 243.3914 238.0507 240.2433
June 241.2312 228.7533 236.1394
July 231.9994 221.4122 227.1097
August 228.9868 219.7522 224.5760
September 233.4569 227.4807 229.8769
October 240.6733 231.0766 236.0546
November 237.2995 221.0530 228.8074
December 228.0544 217.5706 222.9937