2021 LRD to NOK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
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.
Comparing the value generated converting 5,000 LRD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |