YEARLY HIGH
0.2609 NOK
YEARLY LOW
0.2333 NOK
YEARLY AVERAGE
0.2450 NOK

2021 NIO to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NIO to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 0.2609. Conversely, the yearly low was recorded on April 28, dropping to 0.2333.

This high-to-low spread represents a total annual volatility of 0.0275 NOK. From a start-to-finish perspective, comparing the January average rate of 0.2438 to the December average rate of 0.2540, the exchange rate registered a net change of 4.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2609 was down 24.91% compared to the 2020 peak of 0.3474, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,304 NOK
2020 Average 1,370 NOK
Yearly Trough Low 1,167 NOK
Transaction Impact: A difference of 137.61 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2557
0.2350
JanuMarcMayJulySeptNove

NIO 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 0.2413, compared to 0.2487 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0074 points.

H1 Avg (Jan–Jun) 0.2413
H2 Avg (Jul–Dec) 0.2487

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0185 NOK (High: 0.2576 / Low: 0.2391). On the other end, May was the most stable month, with a tight range of 0.0055 NOK (High: 0.2390 / Low: 0.2335).

November Spread (Volatile) ±0.0185
May Spread (Stable) ±0.0055

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 0.0059 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0059

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.2540) against the same month in 2020 (average: 0.2497), the exchange rate shifted by +0.0043 (+1.72%).

2021 Avg (December) 0.2540
2020 Avg (December) 0.2497

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2479 0.2404 0.2438
February 0.2482 0.2397 0.2435
March 0.2475 0.2399 0.2435
April 0.2443 0.2333 0.2400
May 0.2390 0.2335 0.2367
June 0.2474 0.2350 0.2403
July 0.2578 0.2452 0.2504
August 0.2576 0.2470 0.2521
September 0.2496 0.2433 0.2465
October 0.2449 0.2363 0.2406
November 0.2576 0.2391 0.2488
December 0.2609 0.2479 0.2540