2021 MVR to NOK Historical Review

YEARLY HIGH

0.5945 NOK

YEARLY LOW

0.5289 NOK

YEARLY AVERAGE

0.5572 NOK

2021 MVR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MVR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 0.5945. Conversely, the yearly low was recorded on April 28, dropping to 0.5289.

This high-to-low spread represents a total annual volatility of 0.0656 NOK. From a start-to-finish perspective, comparing the January average rate of 0.5532 to the December average rate of 0.5812, the exchange rate registered a net change of 5.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5945 was down 22.34% compared to the 2020 peak of 0.7655, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,972 NOK

2020 Average 3,053 NOK

Yearly Trough Low 2,645 NOK

Transaction Impact: A difference of 327.88 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5854

0.5346

JanuMarcMayJulySeptNove

MVR 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: Jan–Jun) was 0.5477, compared to 0.5668 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0191 points.

H1 Avg (Jan–Jun) 0.5477

H2 Avg (Jul–Dec) 0.5668

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0422 NOK (High: 0.5874 / Low: 0.5452). On the other end, September was the most stable month, with a tight range of 0.0132 NOK (High: 0.5677 / Low: 0.5545).

November Spread (Volatile) ±0.0422

September Spread (Stable) ±0.0132

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 0.0130 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0130

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.5812) against the same month in 2020 (average: 0.5647), the exchange rate shifted by +0.0165 (+2.92%).

2021 Avg (December) 0.5812

2020 Avg (December) 0.5647

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5628	0.5453	0.5532
February	0.5623	0.5437	0.5522
March	0.5604	0.5434	0.5523
April	0.5520	0.5289	0.5433
May	0.5452	0.5320	0.5389
June	0.5614	0.5340	0.5461
July	0.5847	0.5561	0.5693
August	0.5848	0.5613	0.5730
September	0.5677	0.5545	0.5612
October	0.5587	0.5380	0.5482
November	0.5874	0.5452	0.5676
December	0.5945	0.5682	0.5812