YEARLY HIGH
11.9595 ARS
YEARLY LOW
9.8570 ARS
YEARLY AVERAGE
11.0521 ARS

2021 NOK to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 11.9595. Conversely, the yearly low was recorded on January 3, dropping to 9.8570.

This high-to-low spread represents a total annual volatility of 2.1024 ARS. From a start-to-finish perspective, comparing the January average rate of 10.0799 to the December average rate of 11.3531, the exchange rate registered a net change of 12.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 11.9595 was up 21.31% compared to the 2020 peak of 9.8582, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 59,797 ARS
2020 Average 37,705 ARS
Yearly Trough Low 49,285 ARS
Transaction Impact: A difference of 10,512.17 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

11.8780
9.9164
JanuMarcMayJulySeptNove

NOK to ARS 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 10.8050, compared to 11.2993 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.4943 points.

H1 Avg (JanтАУJun) 10.8050
H2 Avg (JulтАУDec) 11.2993

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.7429 ARS (High: 11.8462 / Low: 11.1033). On the other end, May was the most stable month, with a tight range of 0.2156 ARS (High: 11.4259 / Low: 11.2103).

November Spread (Volatile) ┬▒0.7429
May Spread (Stable) ┬▒0.2156

Growth Streaks & Declines

Trends

Between January and May, 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 June and July, when the average rate fell by 0.3256 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.3256

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 11.7146) against the same month in 2020 (average: 8.3419), the exchange rate shifted by +3.3727 (+40.43%).

2021 Avg (October) 11.7146
2020 Avg (October) 8.3419

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

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Month High Low Average
January 10.2803 9.8570 10.0799
February 10.7090 10.1819 10.4260
March 10.8560 10.5139 10.6764
April 11.4296 10.7479 11.0379
May 11.4259 11.2103 11.3191
June 11.4932 10.9956 11.2906
July 11.1963 10.6989 10.9650
August 11.2566 10.7536 10.9740
September 11.4993 11.2376 11.3389
October 11.9595 11.4348 11.7146
November 11.8462 11.1033 11.4500
December 11.6915 11.0087 11.3531