2021 NOK to AED Historical Review

YEARLY HIGH

0.4493 AED

YEARLY LOW

0.3999 AED

YEARLY AVERAGE

0.4274 AED

2021 NOK to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 0.4493. Conversely, the yearly low was recorded on December 4, dropping to 0.3999.

This high-to-low spread represents a total annual volatility of 0.0494 AED. From a start-to-finish perspective, comparing the January average rate of 0.4310 to the December average rate of 0.4094, the exchange rate registered a net change of -5.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.4493 was up 4.41% compared to the 2020 peak of 0.4304, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,247 AED

2020 Average 1,957 AED

Yearly Trough Low 2,000 AED

Transaction Impact: A difference of 247.23 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.4454

0.4062

JanuMarcMayJulySeptNove

NOK to AED 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 0.4348, compared to 0.4200 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0148 points.

H1 Avg (Jan–Jun) 0.4348

H2 Avg (Jul–Dec) 0.4200

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0314 AED (High: 0.4361 / Low: 0.4047). On the other end, September was the most stable month, with a tight range of 0.0099 AED (High: 0.4287 / Low: 0.4188).

November Spread (Volatile) ±0.0314

September Spread (Stable) ±0.0099

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0169 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0169

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.4375) against the same month in 2020 (average: 0.3525), the exchange rate shifted by +0.0850 (+24.11%).

2021 Avg (April) 0.4375

2020 Avg (April) 0.3525

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4371	0.4238	0.4310
February	0.4387	0.4242	0.4318
March	0.4372	0.4243	0.4308
April	0.4493	0.4305	0.4375
May	0.4475	0.4374	0.4422
June	0.4444	0.4235	0.4356
July	0.4289	0.4080	0.4188
August	0.4235	0.4063	0.4149
September	0.4287	0.4188	0.4241
October	0.4417	0.4255	0.4339
November	0.4361	0.4047	0.4192
December	0.4184	0.3999	0.4094