YEARLY HIGH
348.7460 MNT
YEARLY LOW
310.7849 MNT
YEARLY AVERAGE
331.8161 MNT

2021 NOK to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 348.7460. Conversely, the yearly low was recorded on December 4, dropping to 310.7849.

This high-to-low spread represents a total annual volatility of 37.9611 MNT. From a start-to-finish perspective, comparing the January average rate of 334.9123 to the December average rate of 318.6540, the exchange rate registered a net change of -4.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 348.7460 was up 4.14% compared to the 2020 peak of 334.8807, 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 1,743,730 MNT
2020 Average 1,496,697 MNT
Yearly Trough Low 1,553,924 MNT
Transaction Impact: A difference of 189,805.45 MNT purely based on transaction execution date.

āĻĒā§āϰāĻŦāĻŖāϤāĻžāϰ āϚāĻŋāĻ¤ā§āϰāĻžāϝāĻŧāύ

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

345.6358
316.2011
JanuMarcMayJulySeptNove

NOK to MNT 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 337.5725, compared to 326.0597 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 11.5128 points.

H1 Avg (Jan–Jun) 337.5725
H2 Avg (Jul–Dec) 326.0597

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 23.6420 MNT (High: 338.6100 / Low: 314.9680). On the other end, May was the most stable month, with a tight range of 7.7641 MNT (High: 347.2999 / Low: 339.5357).

November Spread (Volatile) Âą23.6420
May Spread (Stable) Âą7.7641

Growth Streaks & Declines

Trends

Between March and May, 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 June and July, when the average rate fell by 12.8443 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -12.8443

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 339.7832) against the same month in 2020 (average: 267.1355), the exchange rate shifted by +72.6478 (+27.20%).

2021 Avg (April) 339.7832
2020 Avg (April) 267.1355

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 339.5744 329.2956 334.9123
February 340.5792 329.1822 335.4033
March 339.1748 328.5828 334.4336
April 348.7460 334.7566 339.7832
May 347.2999 339.5357 343.1829
June 344.5375 328.0464 337.7196
July 333.0022 316.3214 324.8753
August 327.8502 315.3712 322.1107
September 331.9973 323.7509 328.0451
October 342.9153 329.8267 336.6852
November 338.6100 314.9680 325.9880
December 325.8876 310.7849 318.6540