YEARLY HIGH
37.7145 HUF
YEARLY LOW
33.1483 HUF
YEARLY AVERAGE
35.2694 HUF

2021 NOK to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 25, valuing the pair at 37.7145. Conversely, the yearly low was recorded on August 22, dropping to 33.1483.

This high-to-low spread represents a total annual volatility of 4.5662 HUF. From a start-to-finish perspective, comparing the January average rate of 34.6517 to the December average rate of 36.2193, the exchange rate registered a net change of 4.52% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 37.7145 was up 8.47% compared to the 2020 peak of 34.7707, 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 188,573 HUF
2020 Average 163,739 HUF
Yearly Trough Low 165,742 HUF
Transaction Impact: A difference of 22,830.91 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

37.0493
33.4636
JanuMarcMayJulySeptNove

NOK to HUF 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 35.1683, compared to 35.3706 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2023 points.

H1 Avg (Jan–Jun) 35.1683
H2 Avg (Jul–Dec) 35.3706

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 2.0632 HUF (High: 37.1379 / Low: 35.0747). On the other end, January was the most stable month, with a tight range of 0.7513 HUF (High: 35.0109 / Low: 34.2595).

December Spread (Volatile) ±2.0632
January Spread (Stable) ±0.7513

Growth Streaks & Declines

Trends

Between January and March, 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 April and May, when the average rate fell by 0.8710 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.8710

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 36.7505) against the same month in 2020 (average: 33.1396), the exchange rate shifted by +3.6109 (+10.90%).

2021 Avg (October) 36.7505
2020 Avg (October) 33.1396

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 35.0109 34.2595 34.6517
February 35.2984 34.3629 34.8428
March 36.4619 35.3047 36.0601
April 36.4911 35.3547 35.9208
May 36.0083 34.0791 35.0499
June 34.9545 34.0706 34.4844
July 34.7274 33.8722 34.4280
August 34.2062 33.1483 33.7624
September 35.5779 33.7403 34.5596
October 37.7145 35.7122 36.7505
November 36.9682 35.5696 36.5036
December 37.1379 35.0747 36.2193