YEARLY HIGH
0.6883 BRL
YEARLY LOW
0.5774 BRL
YEARLY AVERAGE
0.6280 BRL

2021 NOK to BRL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to BRL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.6883. Conversely, the yearly low was recorded on June 30, dropping to 0.5774.

This high-to-low spread represents a total annual volatility of 0.1109 BRL. From a start-to-finish perspective, comparing the January average rate of 0.6288 to the December average rate of 0.6304, the exchange rate registered a net change of 0.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.6883 was up 8.87% compared to the 2020 peak of 0.6322, 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 3,441 BRL
2020 Average 2,744 BRL
Yearly Trough Low 2,887 BRL
Transaction Impact: A difference of 554.46 BRL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.6722
0.5811
JanuMarcMayJulySeptNove

NOK to BRL 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 0.6377, compared to 0.6182 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0195 points.

H1 Avg (Jan–Jun) 0.6377
H2 Avg (Jul–Dec) 0.6182

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0571 BRL (High: 0.6744 / Low: 0.6174). On the other end, August was the most stable month, with a tight range of 0.0222 BRL (High: 0.6036 / Low: 0.5813).

November Spread (Volatile) ±0.0571
August Spread (Stable) ±0.0222

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 May and June, when the average rate fell by 0.0412 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0412

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.6615) against the same month in 2020 (average: 0.4768), the exchange rate shifted by +0.1847 (+38.73%).

2021 Avg (March) 0.6615
2020 Avg (March) 0.4768

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6437 0.6016 0.6288
February 0.6501 0.6239 0.6367
March 0.6883 0.6377 0.6615
April 0.6760 0.6512 0.6646
May 0.6563 0.6244 0.6380
June 0.6194 0.5774 0.5968
July 0.6070 0.5777 0.5887
August 0.6036 0.5813 0.5934
September 0.6269 0.5954 0.6089
October 0.6776 0.6217 0.6539
November 0.6744 0.6174 0.6342
December 0.6498 0.6155 0.6304