2021 NOK to CNY Historical Review

YEARLY HIGH

0.7926 CNY

YEARLY LOW

0.6942 CNY

YEARLY AVERAGE

0.7508 CNY

2021 NOK to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 0.7926. Conversely, the yearly low was recorded on December 4, dropping to 0.6942.

This high-to-low spread represents a total annual volatility of 0.0984 CNY. From a start-to-finish perspective, comparing the January average rate of 0.7598 to the December average rate of 0.7101, the exchange rate registered a net change of -6.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.7926 was down 0.12% compared to the 2020 peak of 0.7935, 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 3,963 CNY

2020 Average 3,673 CNY

Yearly Trough Low 3,471 CNY

Transaction Impact: A difference of 491.78 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.7838

0.7034

JanuMarcMayJulySeptNove

NOK to CNY 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 0.7661, compared to 0.7356 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0305 points.

H1 Avg (Jan–Jun) 0.7661

H2 Avg (Jul–Dec) 0.7356

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0567 CNY (High: 0.7596 / Low: 0.7029). On the other end, September was the most stable month, with a tight range of 0.0183 CNY (High: 0.7548 / Low: 0.7365).

November Spread (Volatile) ±0.0567

September Spread (Stable) ±0.0183

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 0.0291 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0291

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.7771) against the same month in 2020 (average: 0.6786), the exchange rate shifted by +0.0984 (+14.50%).

2021 Avg (April) 0.7771

2020 Avg (April) 0.6786

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7689	0.7473	0.7598
February	0.7711	0.7482	0.7600
March	0.7742	0.7527	0.7638
April	0.7926	0.7697	0.7771
May	0.7836	0.7608	0.7740
June	0.7740	0.7440	0.7620
July	0.7548	0.7202	0.7383
August	0.7457	0.7183	0.7317
September	0.7548	0.7365	0.7455
October	0.7688	0.7468	0.7585
November	0.7596	0.7029	0.7293
December	0.7255	0.6942	0.7101