2021 CVE to NOK Historical Review

YEARLY HIGH

0.0962 NOK

YEARLY LOW

0.0874 NOK

YEARLY AVERAGE

0.0919 NOK

2021 CVE to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CVE to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 19, valuing the pair at 0.0962. Conversely, the yearly low was recorded on October 20, dropping to 0.0874.

This high-to-low spread represents a total annual volatility of 0.0087 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0937 to the December average rate of 0.0916, the exchange rate registered a net change of -2.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0962 was down 15.96% compared to the 2020 peak of 0.1144, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 481 NOK

2020 Average 484 NOK

Yearly Trough Low 437 NOK

Transaction Impact: A difference of 43.74 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0950

0.0882

JanuMarcMayJulySeptNove

CVE 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 0.0919, compared to 0.0919 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0919

H2 Avg (Jul–Dec) 0.0919

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0046 NOK (High: 0.0926 / Low: 0.0880). On the other end, April was the most stable month, with a tight range of 0.0022 NOK (High: 0.0916 / Low: 0.0894).

November Spread (Volatile) ±0.0046

April Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between April and August, 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 September and October, when the average rate fell by 0.0035 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2021: 0.0944) against the same month in 2020 (average: 0.0958), the exchange rate shifted by -0.0014 (-1.48%).

2021 Avg (August) 0.0944

2020 Avg (August) 0.0958

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0953	0.0923	0.0937
February	0.0948	0.0917	0.0929
March	0.0933	0.0904	0.0916
April	0.0916	0.0894	0.0906
May	0.0925	0.0889	0.0911
June	0.0935	0.0889	0.0917
July	0.0958	0.0916	0.0937
August	0.0962	0.0925	0.0944
September	0.0933	0.0906	0.0923
October	0.0904	0.0874	0.0888
November	0.0926	0.0880	0.0904
December	0.0935	0.0899	0.0916