YEARLY HIGH
0.3808 NOK
YEARLY LOW
0.3377 NOK
YEARLY AVERAGE
0.3567 NOK

2021 HNL to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HNL to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 0.3808. Conversely, the yearly low was recorded on January 6, dropping to 0.3377.

This high-to-low spread represents a total annual volatility of 0.0431 NOK. From a start-to-finish perspective, comparing the January average rate of 0.3515 to the December average rate of 0.3695, the exchange rate registered a net change of 5.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.3808 was down 19.49% compared to the 2020 peak of 0.4730, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,904 NOK
2020 Average 1,904 NOK
Yearly Trough Low 1,689 NOK
Transaction Impact: A difference of 215.32 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.3750
0.3421
JanuMarcMayJulySeptNove

HNL 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 0.3498, compared to 0.3637 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0139 points.

H1 Avg (JanтАУJun) 0.3498
H2 Avg (JulтАУDec) 0.3637

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0266 NOK (High: 0.3752 / Low: 0.3486). On the other end, May was the most stable month, with a tight range of 0.0080 NOK (High: 0.3483 / Low: 0.3403).

November Spread (Volatile) ┬▒0.0266
May Spread (Stable) ┬▒0.0080

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 August and September, when the average rate fell by 0.0128 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0128

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2021: 0.3723) against the same month in 2020 (average: 0.3619), the exchange rate shifted by +0.0104 (+2.88%).

2021 Avg (August) 0.3723
2020 Avg (August) 0.3619

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 0.3576 0.3377 0.3515
February 0.3596 0.3444 0.3510
March 0.3589 0.3468 0.3522
April 0.3538 0.3388 0.3486
May 0.3483 0.3403 0.3448
June 0.3601 0.3431 0.3507
July 0.3765 0.3579 0.3675
August 0.3808 0.3642 0.3723
September 0.3642 0.3543 0.3595
October 0.3570 0.3442 0.3505
November 0.3752 0.3486 0.3628
December 0.3805 0.3601 0.3695