2021 NOK to CAD Historical Review

YEARLY HIGH

0.1511 CAD

YEARLY LOW

0.1399 CAD

YEARLY AVERAGE

0.1459 CAD

2021 NOK to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 19, valuing the pair at 0.1511. Conversely, the yearly low was recorded on December 5, dropping to 0.1399.

This high-to-low spread represents a total annual volatility of 0.0112 CAD. From a start-to-finish perspective, comparing the January average rate of 0.1494 to the December average rate of 0.1427, the exchange rate registered a net change of -4.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1511 was up 1.09% compared to the 2020 peak of 0.1495, 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 756 CAD

2020 Average 713 CAD

Yearly Trough Low 699 CAD

Transaction Impact: A difference of 56.16 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1501

0.1416

JanuMarcMayJulySeptNove

NOK to CAD 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 0.1477, compared to 0.1441 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0036 points.

H1 Avg (Jan–Jun) 0.1477

H2 Avg (Jul–Dec) 0.1441

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0065 CAD (High: 0.1469 / Low: 0.1405). On the other end, June was the most stable month, with a tight range of 0.0028 CAD (High: 0.1465 / Low: 0.1437).

November Spread (Volatile) ±0.0065

June Spread (Stable) ±0.0028

Growth Streaks & Declines

Trends

Between August and October, 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 October and November, when the average rate fell by 0.0034 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0034

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.1489) against the same month in 2020 (average: 0.1349), the exchange rate shifted by +0.0140 (+10.41%).

2021 Avg (April) 0.1489

2020 Avg (April) 0.1349

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1507	0.1475	0.1494
February	0.1506	0.1471	0.1493
March	0.1496	0.1454	0.1474
April	0.1511	0.1471	0.1489
May	0.1482	0.1437	0.1460
June	0.1465	0.1437	0.1451
July	0.1442	0.1408	0.1426
August	0.1454	0.1403	0.1423
September	0.1477	0.1444	0.1463
October	0.1482	0.1454	0.1470
November	0.1469	0.1405	0.1435
December	0.1456	0.1399	0.1427