2021 NOK to BAM Historical Review

YEARLY HIGH

0.2022 BAM

YEARLY LOW

0.1844 BAM

YEARLY AVERAGE

0.1924 BAM

2021 NOK to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 0.2022. Conversely, the yearly low was recorded on July 20, dropping to 0.1844.

This high-to-low spread represents a total annual volatility of 0.0178 BAM. From a start-to-finish perspective, comparing the January average rate of 0.1885 to the December average rate of 0.1929, the exchange rate registered a net change of 2.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2022 was up 1.34% 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 1,011 BAM

2020 Average 913 BAM

Yearly Trough Low 922 BAM

Transaction Impact: A difference of 89.14 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2002

0.1865

JanuMarcMayJulySeptNove

NOK to BAM 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 0.1922, compared to 0.1926 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.1922

H2 Avg (Jul–Dec) 0.1926

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0103 BAM (High: 0.2006 / Low: 0.1904). On the other end, April was the most stable month, with a tight range of 0.0049 BAM (High: 0.1982 / Low: 0.1933).

November Spread (Volatile) ±0.0103

April Spread (Stable) ±0.0049

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 0.0040 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0040

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 0.1991) against the same month in 2020 (average: 0.1789), the exchange rate shifted by +0.0202 (+11.30%).

2021 Avg (October) 0.1991

2020 Avg (October) 0.1789

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1915	0.1855	0.1885
February	0.1922	0.1865	0.1902
March	0.1957	0.1892	0.1928
April	0.1982	0.1933	0.1951
May	0.1979	0.1907	0.1939
June	0.1947	0.1891	0.1925
July	0.1923	0.1844	0.1884
August	0.1912	0.1849	0.1877
September	0.1947	0.1897	0.1917
October	0.2022	0.1956	0.1991
November	0.2006	0.1904	0.1957
December	0.1973	0.1882	0.1929