YEARLY HIGH
261.6275 KMF
YEARLY LOW
46.0166 KMF
YEARLY AVERAGE
49.0069 KMF

2021 NOK to KMF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to KMF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 261.6275. Conversely, the yearly low was recorded on August 19, dropping to 46.0166.

This high-to-low spread represents a total annual volatility of 215.6108 KMF. From a start-to-finish perspective, comparing the January average rate of 47.4715 to the December average rate of 55.4721, the exchange rate registered a net change of 16.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 261.6275 was down 88.88% compared to the 2020 peak of 2351.8170, 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 1,308,137 KMF
2020 Average 261,327 KMF
Yearly Trough Low 230,083 KMF
Transaction Impact: A difference of 1,078,054.23 KMF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

56.3061
46.2983
JanuMarcMayJulySeptNove

NOK to KMF 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 48.3768, compared to 49.6370 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2602 points.

H1 Avg (Jan–Jun) 48.3768
H2 Avg (Jul–Dec) 49.6370

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 214.3520 KMF (High: 261.6275 / Low: 47.2754). On the other end, September was the most stable month, with a tight range of 0.9901 KMF (High: 49.0575 / Low: 48.0675).

December Spread (Volatile) ±214.3520
September Spread (Stable) ±0.9901

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 0.9343 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.9343

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 55.4721) against the same month in 2020 (average: 120.8542), the exchange rate shifted by -65.3821 (-54.10%).

2021 Avg (December) 55.4721
2020 Avg (December) 120.8542

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 48.1583 46.6813 47.4715
February 48.4258 46.7784 47.8379
March 49.2242 47.7538 48.5418
April 49.8501 48.7229 49.1780
May 49.7594 48.1146 48.8151
June 48.9025 47.5634 48.4168
July 48.5061 46.4412 47.4825
August 48.3140 46.0166 47.1323
September 49.0575 48.0675 48.4126
October 50.8483 49.1949 50.1178
November 50.4949 48.0454 49.2051
December 261.6275 47.2754 55.4721