YEARLY HIGH
80.2045 AOA
YEARLY LOW
61.3982 AOA
YEARLY AVERAGE
72.9564 AOA

2021 NOK to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 80.2045. Conversely, the yearly low was recorded on December 14, dropping to 61.3982.

This high-to-low spread represents a total annual volatility of 18.8063 AOA. From a start-to-finish perspective, comparing the January average rate of 76.9493 to the December average rate of 62.8305, the exchange rate registered a net change of -18.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 80.2045 was up 4.53% compared to the 2020 peak of 76.7291, 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 401,022 AOA
2020 Average 309,064 AOA
Yearly Trough Low 306,991 AOA
Transaction Impact: A difference of 94,031.43 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

79.8645
61.2819
JanuMarcMayJulySeptNove

NOK to AOA 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 76.3146, compared to 69.5981 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.7165 points.

H1 Avg (Jan–Jun) 76.3146
H2 Avg (Jul–Dec) 69.5981

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 8.4672 AOA (High: 70.8803 / Low: 62.4132). On the other end, March was the most stable month, with a tight range of 2.3150 AOA (High: 74.2736 / Low: 71.9586).

November Spread (Volatile) ±8.4672
March Spread (Stable) ±2.3150

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 November and December, when the average rate fell by 4.8233 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -4.8233

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 76.6355) against the same month in 2020 (average: 53.5978), the exchange rate shifted by +23.0377 (+42.98%).

2021 Avg (April) 76.6355
2020 Avg (April) 53.5978

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 78.0758 75.6503 76.9493
February 77.8144 73.7065 76.6208
March 74.2736 71.9586 73.0255
April 80.2045 73.6959 76.6355
May 79.6868 76.7211 78.3159
June 77.6760 74.0220 76.3405
July 75.3164 71.1266 73.1873
August 73.1767 70.4004 71.9565
September 73.2622 68.4190 71.3455
October 71.7895 69.3930 70.6153
November 70.8803 62.4132 67.6538
December 64.1506 61.3982 62.8305