2021 NOK to IDR Historical Review

YEARLY HIGH

1768.9142 IDR

YEARLY LOW

1573.4373 IDR

YEARLY AVERAGE

1664.7311 IDR

2021 NOK to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 1768.9142. Conversely, the yearly low was recorded on December 14, dropping to 1573.4373.

This high-to-low spread represents a total annual volatility of 195.4769 IDR. From a start-to-finish perspective, comparing the January average rate of 1649.9293 to the December average rate of 1596.6160, the exchange rate registered a net change of -3.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1768.9142 was up 5.45% compared to the 2020 peak of 1677.5496, 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 8,844,571 IDR

2020 Average 7,735,249 IDR

Yearly Trough Low 7,867,186 IDR

Transaction Impact: A difference of 977,384.69 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1745.6699

1583.0656

JanuMarcMayJulySeptNove

NOK to IDR 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 1691.4121, compared to 1638.0501 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 53.3620 points.

H1 Avg (Jan–Jun) 1691.4121

H2 Avg (Jul–Dec) 1638.0501

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 113.7996 IDR (High: 1695.0317 / Low: 1581.2321). On the other end, September was the most stable month, with a tight range of 30.5108 IDR (High: 1665.2385 / Low: 1634.7277).

November Spread (Volatile) ±113.7996

September Spread (Stable) ±30.5108

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 49.3010 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -49.3010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 1732.1196) against the same month in 2020 (average: 1512.0009), the exchange rate shifted by +220.1186 (+14.56%).

2021 Avg (April) 1732.1196

2020 Avg (April) 1512.0009

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1678.4438	1621.0572	1649.9293
February	1681.3190	1623.6774	1652.3351
March	1717.3367	1661.8489	1688.1446
April	1768.9142	1701.3231	1732.1196
May	1740.2415	1705.3056	1723.1040
June	1727.1483	1658.8344	1702.8401
July	1693.3266	1616.2742	1653.5392
August	1654.8992	1595.5159	1624.7388
September	1665.2385	1634.7277	1646.2633
October	1704.0358	1654.2327	1676.4345
November	1695.0317	1581.2321	1630.7087
December	1619.9073	1573.4373	1596.6160