YEARLY HIGH
0.2500 FJD
YEARLY LOW
0.2313 FJD
YEARLY AVERAGE
0.2406 FJD

2021 NOK to FJD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to FJD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 15, valuing the pair at 0.2500. Conversely, the yearly low was recorded on February 27, dropping to 0.2313.

This high-to-low spread represents a total annual volatility of 0.0187 FJD. From a start-to-finish perspective, comparing the January average rate of 0.2389 to the December average rate of 0.2374, the exchange rate registered a net change of -0.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2500 was up 2.02% compared to the 2020 peak of 0.2451, 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 1,250 FJD
2020 Average 1,153 FJD
Yearly Trough Low 1,157 FJD
Transaction Impact: A difference of 93.69 FJD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2480
0.2353
JanuMarcMayJulySeptNove

NOK to FJD 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 0.2415, compared to 0.2397 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.2415
H2 Avg (Jul–Dec) 0.2397

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0122 FJD (High: 0.2455 / Low: 0.2333). On the other end, October was the most stable month, with a tight range of 0.0055 FJD (High: 0.2500 / Low: 0.2446).

November Spread (Volatile) ±0.0122
October Spread (Stable) ±0.0055

Growth Streaks & Declines

Trends

Between February and May, 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 0.0072 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0072

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 0.2469) against the same month in 2020 (average: 0.2295), the exchange rate shifted by +0.0174 (+7.58%).

2021 Avg (October) 0.2469
2020 Avg (October) 0.2295

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2427 0.2361 0.2389
February 0.2412 0.2313 0.2386
March 0.2425 0.2367 0.2399
April 0.2477 0.2416 0.2440
May 0.2488 0.2420 0.2445
June 0.2465 0.2381 0.2432
July 0.2421 0.2321 0.2372
August 0.2415 0.2323 0.2364
September 0.2442 0.2381 0.2409
October 0.2500 0.2446 0.2469
November 0.2455 0.2333 0.2397
December 0.2414 0.2316 0.2374