YEARLY HIGH
2.6539 CZK
YEARLY LOW
2.4156 CZK
YEARLY AVERAGE
2.5227 CZK

2021 NOK to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 25, valuing the pair at 2.6539. Conversely, the yearly low was recorded on August 9, dropping to 2.4156.

This high-to-low spread represents a total annual volatility of 0.2383 CZK. From a start-to-finish perspective, comparing the January average rate of 2.5208 to the December average rate of 2.4884, the exchange rate registered a net change of -1.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.6539 was up 2.78% compared to the 2020 peak of 2.5822, 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 13,270 CZK
2020 Average 12,333 CZK
Yearly Trough Low 12,078 CZK
Transaction Impact: A difference of 1,191.37 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.6132
2.4284
JanuMarcMayJulySeptNove

NOK to CZK 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 2.5402, compared to 2.5052 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0350 points.

H1 Avg (Jan–Jun) 2.5402
H2 Avg (Jul–Dec) 2.5052

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.1316 CZK (High: 2.6183 / Low: 2.4867). On the other end, June was the most stable month, with a tight range of 0.0409 CZK (High: 2.5269 / Low: 2.4860).

November Spread (Volatile) ±0.1316
June Spread (Stable) ±0.0409

Growth Streaks & Declines

Trends

Between February and April, 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 0.0572 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0572

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 2.5978) against the same month in 2020 (average: 2.4876), the exchange rate shifted by +0.1102 (+4.43%).

2021 Avg (October) 2.5978
2020 Avg (October) 2.4876

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.5506 2.4859 2.5208
February 2.5540 2.5006 2.5153
March 2.6109 2.5378 2.5807
April 2.6106 2.5597 2.5832
May 2.5845 2.4886 2.5323
June 2.5269 2.4860 2.5087
July 2.5148 2.4183 2.4700
August 2.4993 2.4156 2.4438
September 2.5310 2.4624 2.4906
October 2.6539 2.5297 2.5978
November 2.6183 2.4867 2.5406
December 2.5278 2.4498 2.4884