YEARLY HIGH
52.4993 KZT
YEARLY LOW
47.2113 KZT
YEARLY AVERAGE
49.6408 KZT

2021 NOK to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 52.4993. Conversely, the yearly low was recorded on August 19, dropping to 47.2113.

This high-to-low spread represents a total annual volatility of 5.2880 KZT. From a start-to-finish perspective, comparing the January average rate of 49.3909 to the December average rate of 48.6779, the exchange rate registered a net change of -1.44% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 52.4993 was up 6.29% compared to the 2020 peak of 49.3905, 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 262,497 KZT
2020 Average 220,413 KZT
Yearly Trough Low 236,056 KZT
Transaction Impact: A difference of 26,440.14 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

51.8635
47.7766
JanuMarcMayJulySeptNove

NOK to KZT 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 50.2388, compared to 49.0428 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 1.1960 points.

H1 Avg (JanтАУJun) 50.2388
H2 Avg (JulтАУDec) 49.0428

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 3.0739 KZT (High: 50.7673 / Low: 47.6934). On the other end, May was the most stable month, with a tight range of 1.0211 KZT (High: 52.0817 / Low: 51.0606).

November Spread (Volatile) ┬▒3.0739
May Spread (Stable) ┬▒1.0211

Growth Streaks & Declines

Trends

Between February and May, 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 June and July, when the average rate fell by 2.0282 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.0282

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 51.2329) against the same month in 2020 (average: 41.5772), the exchange rate shifted by +9.6557 (+23.22%).

2021 Avg (April) 51.2329
2020 Avg (April) 41.5772

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Month High Low Average
January 49.9032 48.7323 49.3909
February 49.7339 48.2297 49.2437
March 49.9189 48.6133 49.3440
April 52.4993 49.9264 51.2329
May 52.0817 51.0606 51.5229
June 51.6902 49.3617 50.6984
July 49.7866 47.5953 48.6702
August 49.2728 47.2113 48.1171
September 49.7553 48.5244 49.1661
October 51.3408 49.4229 50.3306
November 50.7673 47.6934 49.2946
December 49.6675 47.7252 48.6779