YEARLY HIGH
3.3991 UAH
YEARLY LOW
2.9461 UAH
YEARLY AVERAGE
3.1753 UAH

2021 NOK to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 3.3991. Conversely, the yearly low was recorded on August 22, dropping to 2.9461.

This high-to-low spread represents a total annual volatility of 0.4530 UAH. From a start-to-finish perspective, comparing the January average rate of 3.3112 to the December average rate of 3.0338, the exchange rate registered a net change of -8.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 3.3991 was up 2.37% compared to the 2020 peak of 3.3203, 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 16,995 UAH
2020 Average 14,372 UAH
Yearly Trough Low 14,730 UAH
Transaction Impact: A difference of 2,265.17 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3.3544
2.9931
JanuMarcMayJulySeptNove

NOK to UAH 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 3.2872, compared to 3.0634 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.2238 points.

H1 Avg (JanтАУJun) 3.2872
H2 Avg (JulтАУDec) 3.0634

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 0.1655 UAH (High: 3.1882 / Low: 3.0228). On the other end, September was the most stable month, with a tight range of 0.0885 UAH (High: 3.1207 / Low: 3.0322).

July Spread (Volatile) ┬▒0.1655
September Spread (Stable) ┬▒0.0885

Growth Streaks & Declines

Trends

Between August and October, 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 0.1282 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1282

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 3.3243) against the same month in 2020 (average: 2.6089), the exchange rate shifted by +0.7154 (+27.42%).

2021 Avg (April) 3.3243
2020 Avg (April) 2.6089

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

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Month High Low Average
January 3.3641 3.2517 3.3112
February 3.3375 3.2277 3.2775
March 3.2991 3.2095 3.2598
April 3.3991 3.2535 3.3243
May 3.3806 3.2669 3.3223
June 3.2995 3.1358 3.2280
July 3.1882 3.0228 3.0998
August 3.0965 2.9461 3.0243
September 3.1207 3.0322 3.0854
October 3.1610 3.0637 3.1138
November 3.1226 2.9749 3.0232
December 3.1041 2.9670 3.0338