YEARLY HIGH
9.2065 RUB
YEARLY LOW
8.0537 RUB
YEARLY AVERAGE
8.5771 RUB

2021 NOK to RUB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to RUB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 19, valuing the pair at 9.2065. Conversely, the yearly low was recorded on December 4, dropping to 8.0537.

This high-to-low spread represents a total annual volatility of 1.1528 RUB. From a start-to-finish perspective, comparing the January average rate of 8.7408 to the December average rate of 8.2321, the exchange rate registered a net change of -5.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 9.2065 was up 5.65% compared to the 2020 peak of 8.7140, 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 46,033 RUB
2020 Average 38,490 RUB
Yearly Trough Low 40,268 RUB
Transaction Impact: A difference of 5,764.16 RUB purely based on transaction execution date.

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9.1448
8.1492
JanuMarcMayJulySeptNove

NOK to RUB 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 8.7986, compared to 8.3555 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4432 points.

H1 Avg (Jan–Jun) 8.7986
H2 Avg (Jul–Dec) 8.3555

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.4497 RUB (High: 8.8434 / Low: 8.3937). On the other end, September was the most stable month, with a tight range of 0.1800 RUB (High: 8.4893 / Low: 8.3093).

June Spread (Volatile) Âą0.4497
September Spread (Stable) Âą0.1800

Growth Streaks & Declines

Trends

Between February and April, 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 May and June, when the average rate fell by 0.2934 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2934

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 9.0618) against the same month in 2020 (average: 7.1918), the exchange rate shifted by +1.8700 (+26.00%).

2021 Avg (April) 9.0618
2020 Avg (April) 7.1918

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Month High Low Average
January 8.8736 8.5654 8.7408
February 8.8694 8.6133 8.7385
March 8.9148 8.5962 8.7415
April 9.2065 8.9470 9.0618
May 9.0429 8.7447 8.9013
June 8.8434 8.3937 8.6078
July 8.5897 8.2612 8.4285
August 8.4695 8.2171 8.3076
September 8.4893 8.3093 8.4151
October 8.5193 8.3077 8.4231
November 8.5037 8.1851 8.3265
December 8.4817 8.0537 8.2321