2021 NOK to BIF Historical Review

YEARLY HIGH

240.1434 BIF

YEARLY LOW

217.2020 BIF

YEARLY AVERAGE

229.7221 BIF

2021 NOK to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 16, valuing the pair at 240.1434. Conversely, the yearly low was recorded on December 4, dropping to 217.2020.

This high-to-low spread represents a total annual volatility of 22.9414 BIF. From a start-to-finish perspective, comparing the January average rate of 228.4414 to the December average rate of 222.6773, the exchange rate registered a net change of -2.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 240.1434 was up 5.55% compared to the 2020 peak of 227.5216, 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 1,200,717 BIF

2020 Average 1,020,347 BIF

Yearly Trough Low 1,086,010 BIF

Transaction Impact: A difference of 114,706.98 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

238.4754

221.2411

JanuMarcMayJulySeptNove

NOK to BIF 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 231.9194, compared to 227.5249 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.3944 points.

H1 Avg (Jan–Jun) 231.9194

H2 Avg (Jul–Dec) 227.5249

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 16.3829 BIF (High: 236.4329 / Low: 220.0500). On the other end, May was the most stable month, with a tight range of 5.5873 BIF (High: 240.1434 / Low: 234.5560).

November Spread (Volatile) ±16.3829

May Spread (Stable) ±5.5873

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 8.7202 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -8.7202

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 237.0392) against the same month in 2020 (average: 188.6954), the exchange rate shifted by +48.3438 (+25.62%).

2021 Avg (May) 237.0392

2020 Avg (May) 188.6954

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	231.3293	224.7125	228.4414
February	232.9142	224.5253	229.3105
March	232.4892	225.8505	229.3236
April	239.1898	228.7897	232.7470
May	240.1434	234.5560	237.0392
June	239.1375	228.5015	234.6544
July	231.1797	220.2790	225.9341
August	228.8343	219.3171	224.0663
September	232.5825	226.9886	229.5862
October	239.7160	231.1400	235.3579
November	236.4329	220.0500	227.5275
December	227.7583	217.2020	222.6773