YEARLY HIGH
3.3986 NOK
YEARLY LOW
3.0247 NOK
YEARLY AVERAGE
3.1819 NOK

2021 XCD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the XCD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 3.3986. Conversely, the yearly low was recorded on April 28, dropping to 3.0247.

This high-to-low spread represents a total annual volatility of 0.3739 NOK. From a start-to-finish perspective, comparing the January average rate of 3.1534 to the December average rate of 3.3201, the exchange rate registered a net change of 5.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 3.3986 was down 22.14% compared to the 2020 peak of 4.3650, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 16,993 NOK
2020 Average 17,428 NOK
Yearly Trough Low 15,124 NOK
Transaction Impact: A difference of 1,869.52 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3.3447
3.0494
JanuMarcMayJulySeptNove

XCD 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 3.1263, compared to 3.2374 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.1111 points.

H1 Avg (JanтАУJun) 3.1263
H2 Avg (JulтАУDec) 3.2374

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.2413 NOK (High: 3.3578 / Low: 3.1166). On the other end, May was the most stable month, with a tight range of 0.0696 NOK (High: 3.1069 / Low: 3.0373).

November Spread (Volatile) ┬▒0.2413
May Spread (Stable) ┬▒0.0696

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 0.0724 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0724

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 3.3201) against the same month in 2020 (average: 3.2205), the exchange rate shifted by +0.0997 (+3.09%).

2021 Avg (December) 3.3201
2020 Avg (December) 3.2205

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 3.2070 3.1096 3.1534
February 3.2040 3.0984 3.1479
March 3.2036 3.1087 3.1550
April 3.1573 3.0247 3.1067
May 3.1069 3.0373 3.0740
June 3.2092 3.0583 3.1207
July 3.3316 3.1688 3.2462
August 3.3455 3.2090 3.2765
September 3.2455 3.1702 3.2052
October 3.1940 3.0774 3.1328
November 3.3578 3.1166 3.2435
December 3.3986 3.2481 3.3201