YEARLY HIGH
2.1687 MDL
YEARLY LOW
1.9296 MDL
YEARLY AVERAGE
2.0529 MDL

2021 NOK to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 7, valuing the pair at 2.1687. Conversely, the yearly low was recorded on December 3, dropping to 1.9296.

This high-to-low spread represents a total annual volatility of 0.2391 MDL. From a start-to-finish perspective, comparing the January average rate of 2.0240 to the December average rate of 1.9767, the exchange rate registered a net change of -2.34% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.1687 was up 7.86% compared to the 2020 peak of 2.0108, 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 10,844 MDL
2020 Average 9,175 MDL
Yearly Trough Low 9,648 MDL
Transaction Impact: A difference of 1,195.57 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.1468
1.9612
JanuMarcMayJulySeptNove

NOK to MDL 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 2.0858, compared to 2.0201 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0657 points.

H1 Avg (JanтАУJun) 2.0858
H2 Avg (JulтАУDec) 2.0201

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.1145 MDL (High: 2.0695 / Low: 1.9550). On the other end, September was the most stable month, with a tight range of 0.0605 MDL (High: 2.0637 / Low: 2.0032).

November Spread (Volatile) ┬▒0.1145
September Spread (Stable) ┬▒0.0605

Growth Streaks & Declines

Trends

Between January and April, 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 0.0562 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0562

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 2.1296) against the same month in 2020 (average: 1.7537), the exchange rate shifted by +0.3760 (+21.44%).

2021 Avg (May) 2.1296
2020 Avg (May) 1.7537

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 2.0751 1.9902 2.0240
February 2.0804 2.0094 2.0470
March 2.1070 2.0437 2.0760
April 2.1671 2.1025 2.1314
May 2.1687 2.1039 2.1296
June 2.1382 2.0512 2.1070
July 2.1047 1.9970 2.0508
August 2.0329 1.9438 1.9961
September 2.0637 2.0032 2.0311
October 2.1018 2.0198 2.0561
November 2.0695 1.9550 2.0096
December 2.0201 1.9296 1.9767