YEARLY HIGH
462.8057 COP
YEARLY LOW
400.8675 COP
YEARLY AVERAGE
435.2590 COP

2021 NOK to COP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 6, valuing the pair at 462.8057. Conversely, the yearly low was recorded on January 3, dropping to 400.8675.

This high-to-low spread represents a total annual volatility of 61.9383 COP. From a start-to-finish perspective, comparing the January average rate of 409.6012 to the December average rate of 442.7046, the exchange rate registered a net change of 8.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 462.8057 was up 6.39% compared to the 2020 peak of 434.9959, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,314,029 COP
2020 Average 1,961,596 COP
Yearly Trough Low 2,004,337 COP
Transaction Impact: A difference of 309,691.37 COP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

453.8217
405.5811
JanuMarcMayJulySeptNove

NOK to COP 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 428.8026, compared to 441.7153 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 12.9127 points.

H1 Avg (Jan–Jun) 428.8026
H2 Avg (Jul–Dec) 441.7153

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 31.1227 COP (High: 459.5143 / Low: 428.3916). On the other end, September was the most stable month, with a tight range of 15.2125 COP (High: 447.9288 / Low: 432.7163).

December Spread (Volatile) ±31.1227
September Spread (Stable) ±15.2125

Growth Streaks & Declines

Trends

Between January and May, 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 May and June, when the average rate fell by 11.9221 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -11.9221

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 449.8016) against the same month in 2020 (average: 381.5503), the exchange rate shifted by +68.2514 (+17.89%).

2021 Avg (May) 449.8016
2020 Avg (May) 381.5503

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 418.9085 400.8675 409.6012
February 429.0399 410.2835 417.8368
March 436.5827 412.5402 423.6351
April 452.3069 426.3810 434.0616
May 462.8057 440.8078 449.8016
June 446.0427 430.6938 437.8795
July 445.4626 425.7636 436.2258
August 448.0212 426.5171 438.6464
September 447.9288 432.7163 441.3327
October 452.3861 437.0610 446.0837
November 455.0801 437.2442 445.2989
December 459.5143 428.3916 442.7046