YEARLY HIGH
9.1850 NOK
YEARLY LOW
0.0000 NOK
YEARLY AVERAGE
8.5297 NOK

2021 VEF to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the VEF to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 9.1850. Conversely, the yearly low was recorded on January 3, dropping to 0.0000.

This high-to-low spread represents a total annual volatility of 9.1850 NOK. From a start-to-finish perspective, comparing the January average rate of 7.6894 to the December average rate of 8.9728, the exchange rate registered a net change of 16.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 9.1850 was up 19347614.91% compared to the 2020 peak of 0.0000, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 45,925 NOK
2020 Average 0 NOK
Yearly Trough Low 0 NOK
Transaction Impact: A difference of 45,924.83 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

9.1011
7.5611
JanuMarcMayJulySeptNove

VEF 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 8.3102, compared to 8.7492 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.4390 points.

H1 Avg (JanтАУJun) 8.3102
H2 Avg (JulтАУDec) 8.7492

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 8.6671 NOK (High: 8.6671 / Low: 0.0000). On the other end, May was the most stable month, with a tight range of 0.1881 NOK (High: 8.3966 / Low: 8.2085).

January Spread (Volatile) ┬▒8.6671
May Spread (Stable) ┬▒0.1881

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 0.1956 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1956

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 8.9728) against the same month in 2020 (average: 0.0000), the exchange rate shifted by +8.9728 (+25617687.10%).

2021 Avg (December) 8.9728
2020 Avg (December) 0.0000

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Month High Low Average
January 8.6671 0.0000 7.6894
February 8.6589 8.3735 8.5075
March 8.6578 8.4014 8.5266
April 8.5327 8.1745 8.3960
May 8.3966 8.2085 8.3077
June 8.6731 8.2651 8.4339
July 9.0039 8.5639 8.7729
August 9.0413 8.6724 8.8549
September 8.7710 8.5675 8.6623
October 8.6320 8.3169 8.4666
November 9.0747 8.4226 8.7658
December 9.1850 8.7781 8.9728