2021 JOD to NOK Historical Review

YEARLY HIGH

12.9549 NOK

YEARLY LOW

11.5296 NOK

YEARLY AVERAGE

12.1288 NOK

2021 JOD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JOD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 12.9549. Conversely, the yearly low was recorded on April 28, dropping to 11.5296.

This high-to-low spread represents a total annual volatility of 1.4252 NOK. From a start-to-finish perspective, comparing the January average rate of 12.0207 to the December average rate of 12.6556, the exchange rate registered a net change of 5.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 12.9549 was down 22.14% compared to the 2020 peak of 16.6383, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 64,774 NOK

2020 Average 66,432 NOK

Yearly Trough Low 57,648 NOK

Transaction Impact: A difference of 7,126.19 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

12.7495

11.6233

JanuMarcMayJulySeptNove

JOD 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 11.9171, compared to 12.3405 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4234 points.

H1 Avg (Jan–Jun) 11.9171

H2 Avg (Jul–Dec) 12.3405

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.9197 NOK (High: 12.7994 / Low: 11.8796). On the other end, May was the most stable month, with a tight range of 0.2653 NOK (High: 11.8429 / Low: 11.5776).

November Spread (Volatile) ±0.9197

May Spread (Stable) ±0.2653

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 0.2768 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2768

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 12.6556) against the same month in 2020 (average: 12.2769), the exchange rate shifted by +0.3788 (+3.09%).

2021 Avg (December) 12.6556

2020 Avg (December) 12.2769

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.2244	11.8530	12.0207
February	12.2128	11.8103	12.0011
March	12.2112	11.8496	12.0263
April	12.0349	11.5296	11.8416
May	11.8429	11.5776	11.7171
June	12.2329	11.6574	11.8957
July	12.6994	12.0788	12.3742
August	12.7522	12.2319	12.4893
September	12.3709	12.0839	12.2184
October	12.1749	11.7305	11.9416
November	12.7994	11.8796	12.3637
December	12.9549	12.3810	12.6556

૨૦૨૫ JOD થી NOK ઐતિહાસિક સમીક્ષા