2021 NOK to JPY Historical Review

YEARLY HIGH

13.7538 JPY

YEARLY LOW

11.9587 JPY

YEARLY AVERAGE

12.7753 JPY

2021 NOK to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on October 20, valuing the pair at 13.7538. Conversely, the yearly low was recorded on January 2, dropping to 11.9587.

This high-to-low spread represents a total annual volatility of 1.7951 JPY. From a start-to-finish perspective, comparing the January average rate of 12.1794 to the December average rate of 12.6908, the exchange rate registered a net change of 4.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 13.7538 was up 10.88% compared to the 2020 peak of 12.4046, 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 68,769 JPY

2020 Average 56,854 JPY

Yearly Trough Low 59,794 JPY

Transaction Impact: A difference of 8,975.48 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

13.4874

12.0605

JanuMarcMayJulySeptNove

NOK to JPY 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 12.7562, compared to 12.7943 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0380 points.

H1 Avg (Jan–Jun) 12.7562

H2 Avg (Jul–Dec) 12.7943

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 1.0580 JPY (High: 13.5460 / Low: 12.4880). On the other end, May was the most stable month, with a tight range of 0.3340 JPY (High: 13.3112 / Low: 12.9772).

November Spread (Volatile) ±1.0580

May Spread (Stable) ±0.3340

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.4906 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.4906

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 13.3685) against the same month in 2020 (average: 11.3216), the exchange rate shifted by +2.0468 (+18.08%).

2021 Avg (October) 13.3685

2020 Avg (October) 11.3216

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.3429	11.9587	12.1794
February	12.6515	12.2068	12.3957
March	12.9621	12.4880	12.7627
April	13.3034	12.8617	12.9944
May	13.3112	12.9772	13.1432
June	13.2443	12.7054	13.0620
July	12.9515	12.2081	12.5714
August	12.6776	12.1411	12.4071
September	12.9290	12.5564	12.7173
October	13.7538	12.8680	13.3685
November	13.5460	12.4880	13.0107
December	13.0952	12.2814	12.6908