YEARLY HIGH
0.1620 NOK
YEARLY LOW
0.1438 NOK
YEARLY AVERAGE
0.1507 NOK

2021 DOP to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DOP to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 3, valuing the pair at 0.1620. Conversely, the yearly low was recorded on April 28, dropping to 0.1438.

This high-to-low spread represents a total annual volatility of 0.0183 NOK. From a start-to-finish perspective, comparing the January average rate of 0.1465 to the December average rate of 0.1577, the exchange rate registered a net change of 7.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1620 was down 25.94% compared to the 2020 peak of 0.2188, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 810 NOK
2020 Average 835 NOK
Yearly Trough Low 719 NOK
Transaction Impact: A difference of 91.30 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1589
0.1448
JanuMarcMayJulySeptNove

DOP 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 0.1473, compared to 0.1542 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0069 points.

H1 Avg (Jan–Jun) 0.1473
H2 Avg (Jul–Dec) 0.1542

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0109 NOK (High: 0.1602 / Low: 0.1493). On the other end, May was the most stable month, with a tight range of 0.0032 NOK (High: 0.1473 / Low: 0.1441).

November Spread (Volatile) ±0.0109
May Spread (Stable) ±0.0032

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 0.0027 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.1577) against the same month in 2020 (average: 0.1496), the exchange rate shifted by +0.0081 (+5.39%).

2021 Avg (December) 0.1577
2020 Avg (December) 0.1496

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1493 0.1443 0.1465
February 0.1498 0.1446 0.1468
March 0.1518 0.1462 0.1487
April 0.1503 0.1438 0.1477
May 0.1473 0.1441 0.1460
June 0.1521 0.1450 0.1479
July 0.1579 0.1505 0.1539
August 0.1588 0.1522 0.1552
September 0.1557 0.1511 0.1529
October 0.1529 0.1476 0.1502
November 0.1602 0.1493 0.1550
December 0.1620 0.1537 0.1577