YEARLY HIGH
10.3718 BDT
YEARLY LOW
9.3273 BDT
YEARLY AVERAGE
9.8991 BDT

2021 NOK to BDT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to BDT exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 10.3718. Conversely, the yearly low was recorded on December 4, dropping to 9.3273.

This high-to-low spread represents a total annual volatility of 1.0444 BDT. From a start-to-finish perspective, comparing the January average rate of 9.9526 to the December average rate of 9.5627, the exchange rate registered a net change of -3.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 10.3718 was up 4.40% compared to the 2020 peak of 9.9349, 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 51,859 BDT
2020 Average 45,206 BDT
Yearly Trough Low 46,637 BDT
Transaction Impact: A difference of 5,222.22 BDT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

10.2687
9.4986
JanuMarcMayJulySeptNove

NOK to BDT 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 10.0348, compared to 9.7634 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.2714 points.

H1 Avg (JanтАУJun) 10.0348
H2 Avg (JulтАУDec) 9.7634

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.7147 BDT (High: 10.1700 / Low: 9.4553). On the other end, September was the most stable month, with a tight range of 0.1963 BDT (High: 9.9656 / Low: 9.7693).

November Spread (Volatile) ┬▒0.7147
September Spread (Stable) ┬▒0.1963

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.3891 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.3891

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 10.0929) against the same month in 2020 (average: 8.1476), the exchange rate shifted by +1.9453 (+23.88%).

2021 Avg (April) 10.0929
2020 Avg (April) 8.1476

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 10.0851 9.7854 9.9526
February 10.1243 9.7900 9.9661
March 10.0901 9.7913 9.9375
April 10.3718 9.9067 10.0929
May 10.3217 10.1033 10.2045
June 10.2585 9.7732 10.0552
July 9.9017 9.4188 9.6661
August 9.8298 9.4071 9.6003
September 9.9656 9.7693 9.8461
October 10.2887 9.9214 10.1139
November 10.1700 9.4553 9.7913
December 9.7779 9.3273 9.5627