2021 NOK to HKD Historical Review

YEARLY HIGH

0.9496 HKD

YEARLY LOW

0.8488 HKD

YEARLY AVERAGE

0.9045 HKD

2021 NOK to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 0.9496. Conversely, the yearly low was recorded on December 4, dropping to 0.8488.

This high-to-low spread represents a total annual volatility of 0.1008 HKD. From a start-to-finish perspective, comparing the January average rate of 0.9098 to the December average rate of 0.8693, the exchange rate registered a net change of -4.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.9496 was up 4.55% compared to the 2020 peak of 0.9083, 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 4,748 HKD

2020 Average 4,133 HKD

Yearly Trough Low 4,244 HKD

Transaction Impact: A difference of 504.15 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.9413

0.8628

JanuMarcMayJulySeptNove

NOK to HKD 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 0.9188, compared to 0.8901 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0287 points.

H1 Avg (Jan–Jun) 0.9188

H2 Avg (Jul–Dec) 0.8901

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0646 HKD (High: 0.9240 / Low: 0.8594). On the other end, September was the most stable month, with a tight range of 0.0211 HKD (High: 0.9087 / Low: 0.8876).

November Spread (Volatile) ±0.0646

September Spread (Stable) ±0.0211

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 0.0347 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0347

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.9255) against the same month in 2020 (average: 0.7440), the exchange rate shifted by +0.1816 (+24.41%).

2021 Avg (April) 0.9255

2020 Avg (April) 0.7440

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9226	0.8944	0.9098
February	0.9261	0.8958	0.9114
March	0.9243	0.8971	0.9107
April	0.9496	0.9113	0.9255
May	0.9461	0.9246	0.9348
June	0.9388	0.8950	0.9205
July	0.9070	0.8632	0.8858
August	0.8979	0.8616	0.8791
September	0.9087	0.8876	0.8982
October	0.9347	0.9019	0.9190
November	0.9240	0.8594	0.8892
December	0.8882	0.8488	0.8693