2021 NOK to GBP Historical Review

YEARLY HIGH

0.0877 GBP

YEARLY LOW

0.0807 GBP

YEARLY AVERAGE

0.0846 GBP

2021 NOK to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 0.0877. Conversely, the yearly low was recorded on August 9, dropping to 0.0807.

This high-to-low spread represents a total annual volatility of 0.0070 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0860 to the December average rate of 0.0838, the exchange rate registered a net change of -2.63% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0877 was up 1.19% compared to the 2020 peak of 0.0866, 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 438 GBP

2020 Average 415 GBP

Yearly Trough Low 404 GBP

Transaction Impact: A difference of 34.76 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0868

0.0814

JanuMarcMayJulySeptNove

NOK to GBP 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 0.0853, compared to 0.0839 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0853

H2 Avg (Jul–Dec) 0.0839

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0044 GBP (High: 0.0870 / Low: 0.0826). On the other end, March was the most stable month, with a tight range of 0.0014 GBP (High: 0.0852 / Low: 0.0838).

November Spread (Volatile) ±0.0044

March Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between August and October, 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 0.0021 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.0861) against the same month in 2020 (average: 0.0773), the exchange rate shifted by +0.0088 (+11.35%).

2021 Avg (April) 0.0861

2020 Avg (April) 0.0773

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0875	0.0844	0.0860
February	0.0857	0.0829	0.0847
March	0.0852	0.0838	0.0846
April	0.0877	0.0846	0.0861
May	0.0871	0.0842	0.0855
June	0.0856	0.0835	0.0846
July	0.0843	0.0811	0.0825
August	0.0838	0.0807	0.0819
September	0.0854	0.0832	0.0840
October	0.0870	0.0855	0.0863
November	0.0870	0.0826	0.0849
December	0.0853	0.0823	0.0838