2021 NOK to KMF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
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.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |