YEARLY HIGH
4.5925 NOK
YEARLY LOW
4.0873 NOK
YEARLY AVERAGE
4.2996 NOK

2021 BBD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BBD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 4.5925. Conversely, the yearly low was recorded on April 28, dropping to 4.0873.

This high-to-low spread represents a total annual volatility of 0.5052 NOK. From a start-to-finish perspective, comparing the January average rate of 4.2612 to the December average rate of 4.4864, the exchange rate registered a net change of 5.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 4.5925 was down 22.14% compared to the 2020 peak of 5.8983, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 22,963 NOK
2020 Average 23,550 NOK
Yearly Trough Low 20,436 NOK
Transaction Impact: A difference of 2,526.24 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

4.5197
4.1206
JanuMarcMayJulySeptNove

BBD 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: JanтАУJun) was 4.2245, compared to 4.3746 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.1501 points.

H1 Avg (JanтАУJun) 4.2245
H2 Avg (JulтАУDec) 4.3746

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.3261 NOK (High: 4.5374 / Low: 4.2113). On the other end, May was the most stable month, with a tight range of 0.0940 NOK (High: 4.1983 / Low: 4.1043).

November Spread (Volatile) ┬▒0.3261
May Spread (Stable) ┬▒0.0940

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 0.0978 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0978

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 4.4864) against the same month in 2020 (average: 4.3517), the exchange rate shifted by +0.1347 (+3.09%).

2021 Avg (December) 4.4864
2020 Avg (December) 4.3517

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 4.3336 4.2019 4.2612
February 4.3294 4.1867 4.2537
March 4.3289 4.2007 4.2633
April 4.2664 4.0873 4.1980
May 4.1983 4.1043 4.1538
June 4.3365 4.1326 4.2170
July 4.5019 4.2819 4.3865
August 4.5206 4.3362 4.4275
September 4.3855 4.2837 4.3311
October 4.3160 4.1585 4.2333
November 4.5374 4.2113 4.3829
December 4.5925 4.3890 4.4864