YEARLY HIGH
8.8580 NOK
YEARLY LOW
0.0229 NOK
YEARLY AVERAGE
0.2371 NOK

2021 MRO to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MRO to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 24, valuing the pair at 8.8580. Conversely, the yearly low was recorded on April 28, dropping to 0.0229.

This high-to-low spread represents a total annual volatility of 8.8351 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0239 to the December average rate of 2.5812, the exchange rate registered a net change of 10712.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 8.8580 was up 26707.09% compared to the 2020 peak of 0.0330, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 44,290 NOK
2020 Average 132 NOK
Yearly Trough Low 114 NOK
Transaction Impact: A difference of 44,175.51 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.8370
-0.2325
JanuMarcMayJulySeptNove

MRO 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 0.0237, compared to 0.4505 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.4268 points.

H1 Avg (JanтАУJun) 0.0237
H2 Avg (JulтАУDec) 0.4505

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 8.8331 NOK (High: 8.8580 / Low: 0.0249). On the other end, May was the most stable month, with a tight range of 0.0005 NOK (High: 0.0235 / Low: 0.0230).

December Spread (Volatile) ┬▒8.8331
May Spread (Stable) ┬▒0.0005

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 0.0005 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 2.5812) against the same month in 2020 (average: 0.0244), the exchange rate shifted by +2.5568 (+10487.53%).

2021 Avg (December) 2.5812
2020 Avg (December) 0.0244

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

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Month High Low Average
January 0.0243 0.0235 0.0239
February 0.0243 0.0235 0.0238
March 0.0243 0.0235 0.0239
April 0.0239 0.0229 0.0235
May 0.0235 0.0230 0.0233
June 0.0243 0.0232 0.0236
July 0.0252 0.0240 0.0246
August 0.0253 0.0243 0.0248
September 0.0246 0.0240 0.0243
October 0.0242 0.0233 0.0237
November 0.0254 0.0236 0.0246
December 8.8580 0.0249 2.5812