YEARLY HIGH
0.0516 NOK
YEARLY LOW
0.0459 NOK
YEARLY AVERAGE
0.0483 NOK

2021 DJF to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DJF to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 0.0516. Conversely, the yearly low was recorded on April 28, dropping to 0.0459.

This high-to-low spread represents a total annual volatility of 0.0057 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0478 to the December average rate of 0.0504, the exchange rate registered a net change of 5.35% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0516 was down 22.10% compared to the 2020 peak of 0.0663, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 258 NOK
2020 Average 265 NOK
Yearly Trough Low 230 NOK
Transaction Impact: A difference of 28.49 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0508
0.0463
JanuMarcMayJulySeptNove

DJF 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 0.0475, compared to 0.0491 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.0475
H2 Avg (Jul–Dec) 0.0491

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0037 NOK (High: 0.0510 / Low: 0.0473). On the other end, May was the most stable month, with a tight range of 0.0010 NOK (High: 0.0472 / Low: 0.0461).

November Spread (Volatile) ±0.0037
May Spread (Stable) ±0.0010

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0011 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0504) against the same month in 2020 (average: 0.0489), the exchange rate shifted by +0.0015 (+3.08%).

2021 Avg (December) 0.0504
2020 Avg (December) 0.0489

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0487 0.0472 0.0478
February 0.0487 0.0470 0.0478
March 0.0486 0.0472 0.0479
April 0.0480 0.0459 0.0472
May 0.0472 0.0461 0.0467
June 0.0487 0.0464 0.0474
July 0.0506 0.0481 0.0493
August 0.0508 0.0487 0.0497
September 0.0493 0.0481 0.0487
October 0.0485 0.0467 0.0476
November 0.0510 0.0473 0.0492
December 0.0516 0.0493 0.0504