2021 NOK to BWP Historical Review

YEARLY HIGH

1.3590 BWP

YEARLY LOW

1.2254 BWP

YEARLY AVERAGE

1.2893 BWP

2021 NOK to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 1.3590. Conversely, the yearly low was recorded on July 20, dropping to 1.2254.

This high-to-low spread represents a total annual volatility of 0.1336 BWP. From a start-to-finish perspective, comparing the January average rate of 1.2877 to the December average rate of 1.3070, the exchange rate registered a net change of 1.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.3590 was up 2.72% compared to the 2020 peak of 1.3230, 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 6,795 BWP

2020 Average 6,088 BWP

Yearly Trough Low 6,127 BWP

Transaction Impact: A difference of 668.10 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.3364

1.2466

JanuMarcMayJulySeptNove

NOK to BWP 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 1.2878, compared to 1.2909 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0031 points.

H1 Avg (Jan–Jun) 1.2878

H2 Avg (Jul–Dec) 1.2909

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0684 BWP (High: 1.3589 / Low: 1.2905). On the other end, June was the most stable month, with a tight range of 0.0347 BWP (High: 1.2834 / Low: 1.2487).

November Spread (Volatile) ±0.0684

June Spread (Stable) ±0.0347

Growth Streaks & Declines

Trends

Between July and October, 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 0.0226 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0226

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 1.3289) against the same month in 2020 (average: 1.2326), the exchange rate shifted by +0.0963 (+7.81%).

2021 Avg (October) 1.3289

2020 Avg (October) 1.2326

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3115	1.2513	1.2877
February	1.2938	1.2555	1.2806
March	1.3217	1.2717	1.2962
April	1.3266	1.2859	1.2975
May	1.3239	1.2702	1.2936
June	1.2834	1.2487	1.2710
July	1.2803	1.2254	1.2541
August	1.2852	1.2359	1.2582
September	1.3129	1.2587	1.2784
October	1.3590	1.3095	1.3289
November	1.3589	1.2905	1.3188
December	1.3361	1.2809	1.3070