2021 EUR to NOK Historical Review

YEARLY HIGH

10.6089 NOK

YEARLY LOW

9.6922 NOK

YEARLY AVERAGE

10.1697 NOK

2021 EUR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the EUR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 10.6089. Conversely, the yearly low was recorded on October 20, dropping to 9.6922.

This high-to-low spread represents a total annual volatility of 0.9166 NOK. From a start-to-finish perspective, comparing the January average rate of 10.3687 to the December average rate of 10.1440, the exchange rate registered a net change of -2.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 10.6089 was down 16.45% compared to the 2020 peak of 12.6972, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 53,044 NOK

2020 Average 53,694 NOK

Yearly Trough Low 48,461 NOK

Transaction Impact: A difference of 4,583.16 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

10.4819

9.7582

JanuMarcMayJulySeptNove

EUR 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 10.1809, compared to 10.1586 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0223 points.

H1 Avg (Jan–Jun) 10.1809

H2 Avg (Jul–Dec) 10.1586

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.5027 NOK (High: 10.2726 / Low: 9.7699). On the other end, April was the most stable month, with a tight range of 0.2060 NOK (High: 10.1253 / Low: 9.9193).

November Spread (Volatile) ±0.5027

April Spread (Stable) ±0.2060

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 0.3782 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.3782

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 10.3757) against the same month in 2020 (average: 10.6548), the exchange rate shifted by -0.2791 (-2.62%).

2021 Avg (July) 10.3757

2020 Avg (July) 10.6548

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.4938	10.2297	10.3687
February	10.4531	10.1797	10.2888
March	10.3090	10.0199	10.1456
April	10.1253	9.9193	10.0422
May	10.2271	9.9848	10.0909
June	10.2901	10.0655	10.1491
July	10.6089	10.1615	10.3757
August	10.5666	10.2305	10.4216
September	10.3068	10.0450	10.1967
October	10.0079	9.6922	9.8185
November	10.2726	9.7699	9.9949
December	10.3919	9.9568	10.1440