YEARLY HIGH
0.0647 NOK
YEARLY LOW
0.0475 NOK
YEARLY AVERAGE
0.0520 NOK

2021 LRD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the LRD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 0.0647. Conversely, the yearly low was recorded on April 28, dropping to 0.0475.

This high-to-low spread represents a total annual volatility of 0.0172 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0507 to the December average rate of 0.0629, the exchange rate registered a net change of 24.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0647 was up 8.39% compared to the 2020 peak of 0.0597, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 323 NOK
2020 Average 246 NOK
Yearly Trough Low 237 NOK
Transaction Impact: A difference of 85.96 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0644
0.0469
JanuMarcMayJulySeptNove

LRD 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 0.0492, compared to 0.0548 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0056 points.

H1 Avg (Jan–Jun) 0.0492
H2 Avg (Jul–Dec) 0.0548

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0077 NOK (High: 0.0638 / Low: 0.0561). On the other end, May was the most stable month, with a tight range of 0.0012 NOK (High: 0.0489 / Low: 0.0477).

November Spread (Volatile) ±0.0077
May Spread (Stable) ±0.0012

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 January and February, when the average rate fell by 0.0014 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0629) against the same month in 2020 (average: 0.0540), the exchange rate shifted by +0.0090 (+16.59%).

2021 Avg (December) 0.0629
2020 Avg (December) 0.0540

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0526 0.0495 0.0507
February 0.0503 0.0483 0.0493
March 0.0499 0.0484 0.0491
April 0.0493 0.0475 0.0486
May 0.0489 0.0477 0.0484
June 0.0506 0.0482 0.0492
July 0.0525 0.0499 0.0511
August 0.0527 0.0505 0.0516
September 0.0513 0.0500 0.0505
October 0.0558 0.0499 0.0520
November 0.0638 0.0561 0.0606
December 0.0647 0.0606 0.0629