YEARLY HIGH
12.1199 HTG
YEARLY LOW
8.3596 HTG
YEARLY AVERAGE
10.4213 HTG

2021 NOK to HTG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to HTG exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 12.1199. Conversely, the yearly low was recorded on February 2, dropping to 8.3596.

This high-to-low spread represents a total annual volatility of 3.7603 HTG. From a start-to-finish perspective, comparing the January average rate of 8.5605 to the December average rate of 11.2185, the exchange rate registered a net change of 31.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 12.1199 was down 5.62% compared to the 2020 peak of 12.8421, 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 60,599 HTG
2020 Average 49,983 HTG
Yearly Trough Low 41,798 HTG
Transaction Impact: A difference of 18,801.34 HTG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

12.0577
8.2426
JanuMarcMayJulySeptNove

NOK to HTG 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 9.6230, compared to 11.2196 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.5967 points.

H1 Avg (Jan–Jun) 9.6230
H2 Avg (Jul–Dec) 11.2196

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 1.1163 HTG (High: 10.4662 / Low: 9.3500). On the other end, January was the most stable month, with a tight range of 0.2897 HTG (High: 8.7017 / Low: 8.4119).

April Spread (Volatile) ±1.1163
January Spread (Stable) ±0.2897

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.4652 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.4652

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 11.7398) against the same month in 2020 (average: 6.8297), the exchange rate shifted by +4.9101 (+71.89%).

2021 Avg (October) 11.7398
2020 Avg (October) 6.8297

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 8.7017 8.4119 8.5605
February 9.0085 8.3596 8.6701
March 9.3897 8.8295 9.1721
April 10.4662 9.3500 9.7905
May 10.9795 10.2621 10.6204
June 11.2057 10.6583 10.9241
July 10.9903 10.4412 10.7657
August 11.2948 10.5824 10.9847
September 11.6703 11.0155 11.3345
October 12.1199 11.3904 11.7398
November 11.6531 10.8888 11.2746
December 11.5752 10.7374 11.2185