2021 NOK to GNF Historical Review

YEARLY HIGH

1227.1878 GNF

YEARLY LOW

1019.7356 GNF

YEARLY AVERAGE

1145.7229 GNF

2021 NOK to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 1227.1878. Conversely, the yearly low was recorded on December 3, dropping to 1019.7356.

This high-to-low spread represents a total annual volatility of 207.4522 GNF. From a start-to-finish perspective, comparing the January average rate of 1197.6548 to the December average rate of 1049.2632, the exchange rate registered a net change of -12.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1227.1878 was up 4.64% compared to the 2020 peak of 1172.7679, 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 6,135,939 GNF

2020 Average 5,128,943 GNF

Yearly Trough Low 5,098,678 GNF

Transaction Impact: A difference of 1,037,261.12 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1212.4940

1034.4240

JanuMarcMayJulySeptNove

NOK to GNF 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 1185.6108, compared to 1105.8350 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 79.7758 points.

H1 Avg (Jan–Jun) 1185.6108

H2 Avg (Jul–Dec) 1105.8350

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 106.7344 GNF (High: 1142.5761 / Low: 1035.8418). On the other end, September was the most stable month, with a tight range of 27.2195 GNF (High: 1140.5024 / Low: 1113.2828).

November Spread (Volatile) ±106.7344

September Spread (Stable) ±27.2195

Growth Streaks & Declines

Trends

Between 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 October and November, when the average rate fell by 59.2359 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -59.2359

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 1195.6849) against the same month in 2020 (average: 1019.5283), the exchange rate shifted by +176.1566 (+17.28%).

2021 Avg (February) 1195.6849

2020 Avg (February) 1019.5283

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1221.4654	1158.5531	1197.6548
February	1227.1878	1171.7546	1195.6849
March	1199.7987	1160.0386	1181.0031
April	1212.1276	1170.2999	1187.4628
May	1208.4298	1172.8200	1187.4880
June	1186.8884	1132.8130	1164.3714
July	1146.2165	1089.9625	1118.0450
August	1130.0477	1082.7890	1104.5308
September	1140.5024	1113.2828	1128.7369
October	1163.9070	1131.8350	1146.8351
November	1142.5761	1035.8418	1087.5993
December	1072.1062	1019.7356	1049.2632