YEARLY HIGH
12.6665 ALL
YEARLY LOW
11.4991 ALL
YEARLY AVERAGE
12.0467 ALL

2021 NOK to ALL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to ALL exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 12.6665. Conversely, the yearly low was recorded on August 19, dropping to 11.4991.

This high-to-low spread represents a total annual volatility of 1.1674 ALL. From a start-to-finish perspective, comparing the January average rate of 11.9110 to the December average rate of 11.9144, the exchange rate registered a net change of 0.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 12.6665 was up 1.57% compared to the 2020 peak of 12.4702, 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 63,332 ALL
2020 Average 57,730 ALL
Yearly Trough Low 57,495 ALL
Transaction Impact: A difference of 5,837.04 ALL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

12.4640
11.5971
JanuMarcMayJulySeptNove

NOK to ALL 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 12.1095, compared to 11.9838 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1257 points.

H1 Avg (Jan–Jun) 12.1095
H2 Avg (Jul–Dec) 11.9838

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.7888 ALL (High: 12.5891 / Low: 11.8004). On the other end, September was the most stable month, with a tight range of 0.2829 ALL (High: 12.0838 / Low: 11.8009).

November Spread (Volatile) ±0.7888
September Spread (Stable) ±0.2829

Growth Streaks & Declines

Trends

Between January and April, 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 0.3032 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.3032

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 12.3917) against the same month in 2020 (average: 11.3401), the exchange rate shifted by +1.0516 (+9.27%).

2021 Avg (October) 12.3917
2020 Avg (October) 11.3401

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 12.0953 11.7366 11.9110
February 12.1511 11.8002 12.0197
March 12.3223 11.9613 12.1558
April 12.4564 12.1692 12.2738
May 12.3614 12.0382 12.2017
June 12.2504 11.8776 12.0951
July 12.0345 11.5589 11.7919
August 11.9064 11.4991 11.6693
September 12.0838 11.8009 11.9222
October 12.6665 12.1497 12.3917
November 12.5891 11.8004 12.2136
December 12.1370 11.6398 11.9144