YEARLY HIGH
0.4844 PEN
YEARLY LOW
0.4205 PEN
YEARLY AVERAGE
0.4512 PEN

2021 NOK to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 0.4844. Conversely, the yearly low was recorded on January 18, dropping to 0.4205.

This high-to-low spread represents a total annual volatility of 0.0639 PEN. From a start-to-finish perspective, comparing the January average rate of 0.4257 to the December average rate of 0.4507, the exchange rate registered a net change of 5.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.4844 was up 14.21% compared to the 2020 peak of 0.4241, 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 2,422 PEN
2020 Average 1,863 PEN
Yearly Trough Low 2,103 PEN
Transaction Impact: A difference of 319.43 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.4795
0.4208
JanuMarcMayJulySeptNove

NOK to PEN 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 0.4411, compared to 0.4613 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0202 points.

H1 Avg (JanтАУJun) 0.4411
H2 Avg (JulтАУDec) 0.4613

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0440 PEN (High: 0.4672 / Low: 0.4232). On the other end, September was the most stable month, with a tight range of 0.0096 PEN (High: 0.4796 / Low: 0.4700).

April Spread (Volatile) ┬▒0.0440
September Spread (Stable) ┬▒0.0096

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0159 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0159

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 0.4746) against the same month in 2020 (average: 0.3869), the exchange rate shifted by +0.0877 (+22.68%).

2021 Avg (October) 0.4746
2020 Avg (October) 0.3869

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 0.4316 0.4205 0.4257
February 0.4356 0.4212 0.4286
March 0.4405 0.4274 0.4348
April 0.4672 0.4232 0.4397
May 0.4630 0.4379 0.4538
June 0.4744 0.4520 0.4641
July 0.4613 0.4357 0.4488
August 0.4704 0.4445 0.4606
September 0.4796 0.4700 0.4743
October 0.4844 0.4636 0.4746
November 0.4743 0.4441 0.4587
December 0.4596 0.4436 0.4507