2021 NOK to AFN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 NOK to AFN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the NOK to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 13.1054. Conversely, the yearly low was recorded on July 20, dropping to 8.8296.
This high-to-low spread represents a total annual volatility of 4.2759 AFN. From a start-to-finish perspective, comparing the January average rate of 9.0733 to the December average rate of 11.3624, the exchange rate registered a net change of 25.23% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 13.1054 was up 44.71% compared to the 2020 peak of 9.0564, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
NOK to AFN Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 9.2004, compared to 10.1841 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9837 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was December, with a trading range of 2.6511 AFN (High: 13.1054 / Low: 10.4543). On the other end, May was the most stable month, with a tight range of 0.2550 AFN (High: 9.4968 / Low: 9.2418).
Growth Streaks & Declines
TrendsBetween July and October, 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 June and July, when the average rate fell by 0.2122 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 11.3624) against the same month in 2020 (average: 8.8561), the exchange rate shifted by +2.5063 (+28.30%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 9.2079 | 8.9188 | 9.0733 |
| February | 9.2467 | 8.9503 | 9.0893 |
| March | 9.2450 | 8.9169 | 9.0854 |
| April | 9.5030 | 9.0534 | 9.2571 |
| May | 9.4968 | 9.2418 | 9.3649 |
| June | 9.5008 | 9.0510 | 9.3321 |
| July | 9.4432 | 8.8296 | 9.1200 |
| August | 9.9319 | 8.9154 | 9.3907 |
| September | 10.2660 | 9.7621 | 10.0086 |
| October | 10.8909 | 10.3510 | 10.6420 |
| November | 10.7923 | 10.4135 | 10.5808 |
| December | 13.1054 | 10.4543 | 11.3624 |