2021 NOK to IRR Historical Review

YEARLY HIGH

5150.7700 IRR

YEARLY LOW

4599.8911 IRR

YEARLY AVERAGE

4905.6185 IRR

2021 NOK to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 5150.7700. Conversely, the yearly low was recorded on December 4, dropping to 4599.8911.

This high-to-low spread represents a total annual volatility of 550.8788 IRR. From a start-to-finish perspective, comparing the January average rate of 4941.3096 to the December average rate of 4710.8916, the exchange rate registered a net change of -4.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 5150.7700 was down 26.18% compared to the 2020 peak of 6977.4314, 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 25,753,850 IRR

2020 Average 22,470,618 IRR

Yearly Trough Low 22,999,456 IRR

Transaction Impact: A difference of 2,754,394.20 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

5104.3726

4675.1206

JanuMarcMayJulySeptNove

NOK to IRR 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 4984.6441, compared to 4826.5928 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 158.0513 points.

H1 Avg (Jan–Jun) 4984.6441

H2 Avg (Jul–Dec) 4826.5928

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 357.1122 IRR (High: 5015.6453 / Low: 4658.5331). On the other end, September was the most stable month, with a tight range of 113.9329 IRR (High: 4926.8105 / Low: 4812.8776).

November Spread (Volatile) ±357.1122

September Spread (Stable) ±113.9329

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 190.4215 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -190.4215

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 5015.6279) against the same month in 2020 (average: 4041.0968), the exchange rate shifted by +974.5311 (+24.12%).

2021 Avg (April) 5015.6279

2020 Avg (April) 4041.0968

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	5010.2335	4858.0179	4941.3096
February	5028.3825	4862.6269	4949.5595
March	5011.6874	4863.2694	4938.6606
April	5150.7700	4934.5199	5015.6279
May	5129.4115	5014.5106	5068.6016
June	5094.3122	4854.6656	4994.1054
July	4916.5827	4681.6053	4803.6839
August	4868.9565	4661.5254	4763.1591
September	4926.8105	4812.8776	4872.1553
October	5073.7053	4888.2095	4986.8689
November	5015.6453	4658.5331	4822.7982
December	4813.1172	4599.8911	4710.8916