YEARLY HIGH
25.5899 GYD
YEARLY LOW
22.7724 GYD
YEARLY AVERAGE
24.3405 GYD

2021 NOK to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 25.5899. Conversely, the yearly low was recorded on December 4, dropping to 22.7724.

This high-to-low spread represents a total annual volatility of 2.8174 GYD. From a start-to-finish perspective, comparing the January average rate of 24.5527 to the December average rate of 23.3242, the exchange rate registered a net change of -5.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 25.5899 was up 4.39% compared to the 2020 peak of 24.5126, 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 127,949 GYD
2020 Average 111,395 GYD
Yearly Trough Low 113,862 GYD
Transaction Impact: A difference of 14,087.14 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

25.3555
23.1395
JanuMarcMayJulySeptNove

NOK to GYD 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 24.7624, compared to 23.9186 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8438 points.

H1 Avg (Jan–Jun) 24.7624
H2 Avg (Jul–Dec) 23.9186

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 1.7916 GYD (High: 24.8485 / Low: 23.0569). On the other end, May was the most stable month, with a tight range of 0.5612 GYD (High: 25.4822 / Low: 24.9210).

November Spread (Volatile) ±1.7916
May Spread (Stable) ±0.5612

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 June and July, when the average rate fell by 0.9692 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.9692

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 24.9226) against the same month in 2020 (average: 20.0635), the exchange rate shifted by +4.8591 (+24.22%).

2021 Avg (April) 24.9226
2020 Avg (April) 20.0635

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 24.9089 24.1076 24.5527
February 24.9846 24.1544 24.5905
March 24.8950 24.1579 24.5344
April 25.5899 24.4476 24.9226
May 25.4822 24.9210 25.1709
June 25.2842 24.1268 24.8031
July 24.4278 23.2386 23.8339
August 24.0818 23.1275 23.6196
September 24.4591 23.8348 24.1437
October 25.1670 24.2314 24.7067
November 24.8485 23.0569 23.8836
December 23.8439 22.7724 23.3242