YEARLY HIGH
0.3306 XCD
YEARLY LOW
0.2942 XCD
YEARLY AVERAGE
0.3145 XCD

2021 NOK to XCD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to XCD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 0.3306. Conversely, the yearly low was recorded on December 4, dropping to 0.2942.

This high-to-low spread represents a total annual volatility of 0.0364 XCD. From a start-to-finish perspective, comparing the January average rate of 0.3171 to the December average rate of 0.3012, the exchange rate registered a net change of -5.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.3306 was up 4.41% compared to the 2020 peak of 0.3166, 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 1,653 XCD
2020 Average 1,440 XCD
Yearly Trough Low 1,471 XCD
Transaction Impact: A difference of 181.86 XCD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.3277
0.2988
JanuMarcMayJulySeptNove

NOK to XCD 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 0.3199, compared to 0.3091 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0109 points.

H1 Avg (Jan–Jun) 0.3199
H2 Avg (Jul–Dec) 0.3091

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0231 XCD (High: 0.3209 / Low: 0.2978). On the other end, September was the most stable month, with a tight range of 0.0073 XCD (High: 0.3154 / Low: 0.3081).

November Spread (Volatile) ±0.0231
September Spread (Stable) ±0.0073

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0124 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0124

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.3219) against the same month in 2020 (average: 0.2594), the exchange rate shifted by +0.0626 (+24.12%).

2021 Avg (April) 0.3219
2020 Avg (April) 0.2594

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3216 0.3118 0.3171
February 0.3228 0.3121 0.3177
March 0.3217 0.3122 0.3170
April 0.3306 0.3167 0.3219
May 0.3292 0.3219 0.3253
June 0.3270 0.3116 0.3205
July 0.3156 0.3002 0.3081
August 0.3116 0.2989 0.3052
September 0.3154 0.3081 0.3120
October 0.3249 0.3131 0.3192
November 0.3209 0.2978 0.3085
December 0.3079 0.2942 0.3012