YEARLY HIGH
3.4071 TWD
YEARLY LOW
3.0128 TWD
YEARLY AVERAGE
3.2484 TWD

2021 NOK to TWD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to TWD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 3.4071. Conversely, the yearly low was recorded on December 4, dropping to 3.0128.

This high-to-low spread represents a total annual volatility of 0.3943 TWD. From a start-to-finish perspective, comparing the January average rate of 3.2850 to the December average rate of 3.0889, the exchange rate registered a net change of -5.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 3.4071 was down 0.34% compared to the 2020 peak of 3.4186, 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 17,035 TWD
2020 Average 15,676 TWD
Yearly Trough Low 15,064 TWD
Transaction Impact: A difference of 1,971.66 TWD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3.3911
3.0614
JanuMarcMayJulySeptNove

NOK to TWD 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 3.3148, compared to 3.1820 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.1328 points.

H1 Avg (JanтАУJun) 3.3148
H2 Avg (JulтАУDec) 3.1820

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.2551 TWD (High: 3.3025 / Low: 3.0474). On the other end, September was the most stable month, with a tight range of 0.0654 TWD (High: 3.2381 / Low: 3.1727).

November Spread (Volatile) ┬▒0.2551
September Spread (Stable) ┬▒0.0654

Growth Streaks & Declines

Trends

Between February and April, 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 October and November, when the average rate fell by 0.1228 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1228

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 3.3636) against the same month in 2020 (average: 2.8864), the exchange rate shifted by +0.4773 (+16.54%).

2021 Avg (April) 3.3636
2020 Avg (April) 2.8864

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 3.3344 3.2235 3.2850
February 3.3379 3.2186 3.2832
March 3.3629 3.2407 3.3127
April 3.4071 3.3392 3.3636
May 3.4032 3.3013 3.3541
June 3.3583 3.2047 3.2904
July 3.2677 3.1113 3.1892
August 3.2009 3.0980 3.1464
September 3.2381 3.1727 3.1978
October 3.3454 3.2171 3.2963
November 3.3025 3.0474 3.1735
December 3.1479 3.0128 3.0889