YEARLY HIGH
0.0302 NOK
YEARLY LOW
0.0265 NOK
YEARLY AVERAGE
0.0284 NOK

2021 HUF to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HUF to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 0.0302. Conversely, the yearly low was recorded on October 25, dropping to 0.0265.

This high-to-low spread represents a total annual volatility of 0.0037 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0289 to the December average rate of 0.0276, the exchange rate registered a net change of -4.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0302 was down 16.03% compared to the 2020 peak of 0.0359, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 HUF based on timing:

Yearly Peak High 30,167 NOK
2020 Average 30,574 NOK
Yearly Trough Low 26,515 NOK
Transaction Impact: A difference of 3,652.44 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0299
0.0270
JanuMarcMayJulySeptNove

HUF 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 0.0284, compared to 0.0283 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) 0.0284
H2 Avg (Jul–Dec) 0.0283

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0016 NOK (High: 0.0285 / Low: 0.0269). On the other end, January was the most stable month, with a tight range of 0.0006 NOK (High: 0.0292 / Low: 0.0286).

December Spread (Volatile) ±0.0016
January Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0017 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2021: 0.0296) against the same month in 2020 (average: 0.0304), the exchange rate shifted by -0.0007 (-2.43%).

2021 Avg (August) 0.0296
2020 Avg (August) 0.0304

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0292 0.0286 0.0289
February 0.0291 0.0283 0.0287
March 0.0283 0.0274 0.0277
April 0.0283 0.0274 0.0278
May 0.0293 0.0278 0.0285
June 0.0294 0.0286 0.0290
July 0.0295 0.0288 0.0290
August 0.0302 0.0292 0.0296
September 0.0296 0.0281 0.0289
October 0.0280 0.0265 0.0272
November 0.0281 0.0271 0.0274
December 0.0285 0.0269 0.0276