2021 HKD to NOK Historical Review

YEARLY HIGH

1.1782 NOK

YEARLY LOW

1.0531 NOK

YEARLY AVERAGE

1.1063 NOK

2021 HKD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HKD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 1.1782. Conversely, the yearly low was recorded on April 28, dropping to 1.0531.

This high-to-low spread represents a total annual volatility of 0.1251 NOK. From a start-to-finish perspective, comparing the January average rate of 1.0992 to the December average rate of 1.1505, the exchange rate registered a net change of 4.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.1782 was down 22.54% compared to the 2020 peak of 1.5209, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 29,454 NOK

2020 Average 30,362 NOK

Yearly Trough Low 26,326 NOK

Transaction Impact: A difference of 3,127.41 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.1586

1.0618

JanuMarcMayJulySeptNove

HKD 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 1.0886, compared to 1.1240 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0354 points.

H1 Avg (Jan–Jun) 1.0886

H2 Avg (Jul–Dec) 1.1240

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0814 NOK (High: 1.1636 / Low: 1.0822). On the other end, May was the most stable month, with a tight range of 0.0245 NOK (High: 1.0815 / Low: 1.0570).

November Spread (Volatile) ±0.0814

May Spread (Stable) ±0.0245

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 0.0251 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0251

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 1.1505) against the same month in 2020 (average: 1.1227), the exchange rate shifted by +0.0278 (+2.48%).

2021 Avg (December) 1.1505

2020 Avg (December) 1.1227

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.1181	1.0839	1.0992
February	1.1163	1.0798	1.0973
March	1.1147	1.0819	1.0981
April	1.0973	1.0531	1.0806
May	1.0815	1.0570	1.0698
June	1.1173	1.0652	1.0866
July	1.1584	1.1025	1.1291
August	1.1607	1.1137	1.1376
September	1.1266	1.1004	1.1134
October	1.1088	1.0698	1.0883
November	1.1636	1.0822	1.1252
December	1.1782	1.1258	1.1505