YEARLY HIGH
0.0162 NOK
YEARLY LOW
0.0148 NOK
YEARLY AVERAGE
0.0155 NOK

2021 XAF to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the XAF to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 0.0162. Conversely, the yearly low was recorded on October 20, dropping to 0.0148.

This high-to-low spread represents a total annual volatility of 0.0014 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0158 to the December average rate of 0.0155, the exchange rate registered a net change of -2.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0162 was down 16.45% compared to the 2020 peak of 0.0194, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 81 NOK
2020 Average 82 NOK
Yearly Trough Low 74 NOK
Transaction Impact: A difference of 6.99 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0160
0.0149
JanuMarcMayJulySeptNove

XAF 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 0.0155, compared to 0.0155 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0000 points.

H1 Avg (JanтАУJun) 0.0155
H2 Avg (JulтАУDec) 0.0155

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0008 NOK (High: 0.0157 / Low: 0.0149). On the other end, April was the most stable month, with a tight range of 0.0003 NOK (High: 0.0154 / Low: 0.0151).

November Spread (Volatile) ┬▒0.0008
April Spread (Stable) ┬▒0.0003

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0006 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 0.0158) against the same month in 2020 (average: 0.0162), the exchange rate shifted by -0.0004 (-2.62%).

2021 Avg (July) 0.0158
2020 Avg (July) 0.0162

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Month High Low Average
January 0.0160 0.0156 0.0158
February 0.0159 0.0155 0.0157
March 0.0157 0.0153 0.0155
April 0.0154 0.0151 0.0153
May 0.0156 0.0152 0.0154
June 0.0157 0.0153 0.0155
July 0.0162 0.0155 0.0158
August 0.0161 0.0156 0.0159
September 0.0157 0.0153 0.0155
October 0.0153 0.0148 0.0150
November 0.0157 0.0149 0.0152
December 0.0158 0.0152 0.0155