2021 MWK to NOK Historical Review

YEARLY HIGH

0.0113 NOK

YEARLY LOW

0.0102 NOK

YEARLY AVERAGE

0.0108 NOK

2021 MWK to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MWK to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 3, valuing the pair at 0.0113. Conversely, the yearly low was recorded on October 20, dropping to 0.0102.

This high-to-low spread represents a total annual volatility of 0.0011 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0110 to the December average rate of 0.0110, the exchange rate registered a net change of -0.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0113 was down 29.83% compared to the 2020 peak of 0.0160, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 56 NOK

2020 Average 63 NOK

Yearly Trough Low 51 NOK

Transaction Impact: A difference of 5.38 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0111

0.0103

JanuMarcMayJulySeptNove

MWK 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 0.0108, compared to 0.0108 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0108

H2 Avg (Jul–Dec) 0.0108

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0008 NOK (High: 0.0111 / Low: 0.0103). On the other end, September was the most stable month, with a tight range of 0.0002 NOK (High: 0.0108 / Low: 0.0105).

November Spread (Volatile) ±0.0008

September Spread (Stable) ±0.0002

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 0.0003 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0110) against the same month in 2020 (average: 0.0113), the exchange rate shifted by -0.0003 (-2.99%).

2021 Avg (December) 0.0110

2020 Avg (December) 0.0113

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0112	0.0109	0.0110
February	0.0112	0.0107	0.0109
March	0.0110	0.0107	0.0109
April	0.0109	0.0103	0.0107
May	0.0106	0.0103	0.0105
June	0.0109	0.0103	0.0106
July	0.0111	0.0106	0.0109
August	0.0111	0.0107	0.0109
September	0.0108	0.0105	0.0107
October	0.0106	0.0102	0.0104
November	0.0111	0.0103	0.0107
December	0.0113	0.0108	0.0110