2021 NOK to AZN Historical Review

YEARLY HIGH

0.2081 AZN

YEARLY LOW

0.1852 AZN

YEARLY AVERAGE

0.1979 AZN

2021 NOK to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 0.2081. Conversely, the yearly low was recorded on December 4, dropping to 0.1852.

This high-to-low spread represents a total annual volatility of 0.0229 AZN. From a start-to-finish perspective, comparing the January average rate of 0.1996 to the December average rate of 0.1896, the exchange rate registered a net change of -5.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2081 was up 4.31% compared to the 2020 peak of 0.1995, 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 1,040 AZN

2020 Average 907 AZN

Yearly Trough Low 926 AZN

Transaction Impact: A difference of 114.45 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2063

0.1880

JanuMarcMayJulySeptNove

NOK to AZN 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 0.2013, compared to 0.1945 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0069 points.

H1 Avg (Jan–Jun) 0.2013

H2 Avg (Jul–Dec) 0.1945

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0145 AZN (High: 0.2019 / Low: 0.1874). On the other end, September was the most stable month, with a tight range of 0.0046 AZN (High: 0.1985 / Low: 0.1939).

November Spread (Volatile) ±0.0145

September Spread (Stable) ±0.0046

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 0.0078 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0078

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.2026) against the same month in 2020 (average: 0.1634), the exchange rate shifted by +0.0392 (+23.99%).

2021 Avg (April) 0.2026

2020 Avg (April) 0.1634

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2024	0.1962	0.1996
February	0.2031	0.1964	0.1999
March	0.2024	0.1964	0.1995
April	0.2081	0.1993	0.2026
May	0.2072	0.2026	0.2047
June	0.2058	0.1961	0.2017
July	0.1986	0.1889	0.1939
August	0.1961	0.1881	0.1921
September	0.1985	0.1939	0.1964
October	0.2045	0.1970	0.2009
November	0.2019	0.1874	0.1941
December	0.1937	0.1852	0.1896