YEARLY HIGH
0.8446 BOB
YEARLY LOW
0.7503 BOB
YEARLY AVERAGE
0.8033 BOB

2021 NOK to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 0.8446. Conversely, the yearly low was recorded on December 4, dropping to 0.7503.

This high-to-low spread represents a total annual volatility of 0.0943 BOB. From a start-to-finish perspective, comparing the January average rate of 0.8086 to the December average rate of 0.7691, the exchange rate registered a net change of -4.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.8446 was up 4.85% compared to the 2020 peak of 0.8055, 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 4,223 BOB
2020 Average 3,678 BOB
Yearly Trough Low 3,751 BOB
Transaction Impact: A difference of 471.67 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.8368
0.7630
JanuMarcMayJulySeptNove

NOK to BOB 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 0.8174, compared to 0.7893 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0281 points.

H1 Avg (JanтАУJun) 0.8174
H2 Avg (JulтАУDec) 0.7893

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0586 BOB (High: 0.8190 / Low: 0.7604). On the other end, May was the most stable month, with a tight range of 0.0173 BOB (High: 0.8398 / Low: 0.8225).

November Spread (Volatile) ┬▒0.0586
May Spread (Stable) ┬▒0.0173

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 0.0336 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0336

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.8225) against the same month in 2020 (average: 0.6617), the exchange rate shifted by +0.1608 (+24.29%).

2021 Avg (April) 0.8225
2020 Avg (April) 0.6617

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 0.8192 0.7945 0.8086
February 0.8246 0.7961 0.8121
March 0.8222 0.7979 0.8101
April 0.8446 0.8081 0.8225
May 0.8398 0.8225 0.8307
June 0.8432 0.7963 0.8205
July 0.8062 0.7670 0.7869
August 0.7950 0.7640 0.7796
September 0.8070 0.7874 0.7969
October 0.8290 0.7998 0.8155
November 0.8190 0.7604 0.7876
December 0.7858 0.7503 0.7691