2021 NOK to CRC Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 NOK to CRC Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the NOK to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on November 1, valuing the pair at 75.6964. Conversely, the yearly low was recorded on December 4, dropping to 68.3799.
This high-to-low spread represents a total annual volatility of 7.3165 CRC. From a start-to-finish perspective, comparing the January average rate of 71.8366 to the December average rate of 71.0532, the exchange rate registered a net change of -1.09% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 75.6964 was up 5.84% compared to the 2020 peak of 71.5168, 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 CRC 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 72.7141, compared to 71.8523 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8618 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was November, with a trading range of 6.3388 CRC (High: 75.6964 / Low: 69.3575). On the other end, May was the most stable month, with a tight range of 1.5013 CRC (High: 75.0936 / Low: 73.5923).
Growth Streaks & Declines
TrendsBetween March and May, 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 June and July, when the average rate fell by 2.7621 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2021: 73.0090) against the same month in 2020 (average: 67.0705), the exchange rate shifted by +5.9385 (+8.85%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 73.0482 | 70.6910 | 71.8366 |
| February | 73.0461 | 70.6448 | 71.9491 |
| March | 72.6956 | 70.5533 | 71.7441 |
| April | 75.4720 | 71.7331 | 73.1013 |
| May | 75.0936 | 73.5923 | 74.2305 |
| June | 74.9529 | 71.2103 | 73.4229 |
| July | 72.3810 | 68.8682 | 70.6607 |
| August | 71.7046 | 68.5726 | 70.1264 |
| September | 72.9197 | 71.3313 | 72.1045 |
| October | 75.5681 | 72.5059 | 74.1600 |
| November | 75.6964 | 69.3575 | 73.0090 |
| December | 73.1635 | 68.3799 | 71.0532 |