2021 NOK to CLP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 NOK to CLP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the NOK to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 20, valuing the pair at 97.8574. Conversely, the yearly low was recorded on January 5, dropping to 82.1849.
This high-to-low spread represents a total annual volatility of 15.6725 CLP. From a start-to-finish perspective, comparing the January average rate of 84.9075 to the December average rate of 94.7211, the exchange rate registered a net change of 11.56% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 97.8574 was up 7.17% compared to the 2020 peak of 91.3097, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
NOK to CLP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 85.2630, compared to 91.4392 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.1763 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was December, with a trading range of 6.4148 CLP (High: 97.7262 / Low: 91.3114). On the other end, June was the most stable month, with a tight range of 2.5851 CLP (High: 87.5920 / Low: 85.0069).
Growth Streaks & Declines
TrendsBetween 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 October and November, when the average rate fell by 3.2378 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2021: 96.2464) against the same month in 2020 (average: 84.7413), the exchange rate shifted by +11.5051 (+13.58%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 87.1345 | 82.1849 | 84.9075 |
| February | 86.9463 | 83.1877 | 84.9146 |
| March | 86.8194 | 83.3259 | 85.1369 |
| April | 86.6578 | 83.3434 | 84.4340 |
| May | 88.3424 | 84.3178 | 85.7224 |
| June | 87.5920 | 85.0069 | 86.4625 |
| July | 87.0619 | 84.2138 | 85.7678 |
| August | 90.2539 | 85.7035 | 88.2166 |
| September | 92.6963 | 88.4488 | 90.6748 |
| October | 97.8574 | 93.0561 | 96.2464 |
| November | 96.4760 | 90.8331 | 93.0087 |
| December | 97.7262 | 91.3114 | 94.7211 |