YEARLY HIGH
2.5228 NOK
YEARLY LOW
2.2451 NOK
YEARLY AVERAGE
2.3597 NOK

2021 QAR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the QAR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 2.5228. Conversely, the yearly low was recorded on April 28, dropping to 2.2451.

This high-to-low spread represents a total annual volatility of 0.2777 NOK. From a start-to-finish perspective, comparing the January average rate of 2.3397 to the December average rate of 2.4642, the exchange rate registered a net change of 5.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.5228 was down 22.13% compared to the 2020 peak of 3.2399, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 QAR based on timing:

Yearly Peak High 12,614 NOK
2020 Average 12,935 NOK
Yearly Trough Low 11,226 NOK
Transaction Impact: A difference of 1,388.53 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.4825
2.2629
JanuMarcMayJulySeptNove

QAR to NOK 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 2.3201, compared to 2.3993 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0792 points.

H1 Avg (JanтАУJun) 2.3201
H2 Avg (JulтАУDec) 2.3993

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.1791 NOK (High: 2.4924 / Low: 2.3133). On the other end, May was the most stable month, with a tight range of 0.0564 NOK (High: 2.3061 / Low: 2.2497).

November Spread (Volatile) ┬▒0.1791
May Spread (Stable) ┬▒0.0564

Growth Streaks & Declines

Trends

Between May and August, 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 September and October, when the average rate fell by 0.0483 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0483

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 2.4642) against the same month in 2020 (average: 2.3899), the exchange rate shifted by +0.0743 (+3.11%).

2021 Avg (December) 2.4642
2020 Avg (December) 2.3899

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 2.3804 2.3081 2.3397
February 2.3784 2.2998 2.3366
March 2.3779 2.3074 2.3412
April 2.3445 2.2451 2.3063
May 2.3061 2.2497 2.2812
June 2.3821 2.2700 2.3155
July 2.4729 2.3139 2.4061
August 2.4796 2.3486 2.4207
September 2.4223 2.3439 2.3731
October 2.3708 2.2842 2.3248
November 2.4924 2.3133 2.4069
December 2.5228 2.4109 2.4642