YEARLY HIGH
0.1112 CHF
YEARLY LOW
0.0999 CHF
YEARLY AVERAGE
0.1064 CHF

2021 NOK to CHF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to CHF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 0.1112. Conversely, the yearly low was recorded on December 4, dropping to 0.0999.

This high-to-low spread represents a total annual volatility of 0.0113 CHF. From a start-to-finish perspective, comparing the January average rate of 0.1041 to the December average rate of 0.1026, the exchange rate registered a net change of -1.47% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1112 was up 0.66% compared to the 2020 peak of 0.1105, 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 556 CHF
2020 Average 499 CHF
Yearly Trough Low 499 CHF
Transaction Impact: A difference of 56.45 CHF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1106
0.1019
JanuMarcMayJulySeptNove

NOK to CHF 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 0.1075, compared to 0.1052 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.1075
H2 Avg (Jul–Dec) 0.1052

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0064 CHF (High: 0.1080 / Low: 0.1016). On the other end, June was the most stable month, with a tight range of 0.0022 CHF (High: 0.1086 / Low: 0.1064).

November Spread (Volatile) ±0.0064
June Spread (Stable) ±0.0022

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 October and November, when the average rate fell by 0.0038 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.1099) against the same month in 2020 (average: 0.0931), the exchange rate shifted by +0.0168 (+17.99%).

2021 Avg (April) 0.1099
2020 Avg (April) 0.0931

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1053 0.1026 0.1041
February 0.1083 0.1044 0.1056
March 0.1104 0.1069 0.1091
April 0.1112 0.1087 0.1099
May 0.1100 0.1069 0.1087
June 0.1086 0.1064 0.1077
July 0.1077 0.1023 0.1046
August 0.1058 0.1015 0.1033
September 0.1079 0.1053 0.1065
October 0.1105 0.1078 0.1090
November 0.1080 0.1016 0.1052
December 0.1042 0.0999 0.1026