YEARLY HIGH
12.3907 NOK
YEARLY LOW
11.4081 NOK
YEARLY AVERAGE
11.8267 NOK

2021 FKP to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the FKP to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 9, valuing the pair at 12.3907. Conversely, the yearly low was recorded on April 28, dropping to 11.4081.

This high-to-low spread represents a total annual volatility of 0.9826 NOK. From a start-to-finish perspective, comparing the January average rate of 11.6268 to the December average rate of 11.9407, the exchange rate registered a net change of 2.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 12.3907 was down 9.84% compared to the 2020 peak of 13.7430, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 61,954 NOK
2020 Average 60,353 NOK
Yearly Trough Low 57,041 NOK
Transaction Impact: A difference of 4,912.89 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

12.2776
11.5233
JanuMarcMayJulySeptNove

FKP 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 11.7288, compared to 11.9246 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.1959 points.

H1 Avg (JanтАУJun) 11.7288
H2 Avg (JulтАУDec) 11.9246

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.6071 NOK (High: 12.1080 / Low: 11.5009). On the other end, March was the most stable month, with a tight range of 0.1959 NOK (High: 11.9306 / Low: 11.7347).

November Spread (Volatile) ┬▒0.6071
March Spread (Stable) ┬▒0.1959

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.3171 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.3171

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2021: 12.2147) against the same month in 2020 (average: 11.7551), the exchange rate shifted by +0.4596 (+3.91%).

2021 Avg (August) 12.2147
2020 Avg (August) 11.7551

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Month High Low Average
January 11.8485 11.4244 11.6268
February 12.0626 11.6742 11.8029
March 11.9306 11.7347 11.8155
April 11.8228 11.4081 11.6159
May 11.8830 11.4828 11.6948
June 11.9789 11.6790 11.8166
July 12.3254 11.8654 12.1202
August 12.3907 11.9322 12.2147
September 12.0241 11.7104 11.9033
October 11.6925 11.4901 11.5861
November 12.1080 11.5009 11.7827
December 12.1541 11.7260 11.9407