2021 NOK to LKR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 NOK to LKR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the NOK to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 24.2401. Conversely, the yearly low was recorded on January 2, dropping to 21.5645.
This high-to-low spread represents a total annual volatility of 2.6755 LKR. From a start-to-finish perspective, comparing the January average rate of 22.4700 to the December average rate of 22.5683, the exchange rate registered a net change of 0.44% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 24.2401 was up 10.05% compared to the 2020 peak of 22.0259, 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 LKR 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 23.2202, compared to 22.9419 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2783 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was January, with a trading range of 1.7370 LKR (High: 23.3015 / Low: 21.5645). On the other end, May was the most stable month, with a tight range of 0.5337 LKR (High: 24.0006 / Low: 23.4669).
Growth Streaks & Declines
TrendsBetween 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 0.8298 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2021: 23.7203) against the same month in 2020 (average: 19.8410), the exchange rate shifted by +3.8793 (+19.55%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 23.3015 | 21.5645 | 22.4700 |
| February | 23.2897 | 22.4010 | 22.8728 |
| March | 23.6577 | 22.7333 | 23.1440 |
| April | 24.0182 | 23.0263 | 23.5448 |
| May | 24.0006 | 23.4669 | 23.7538 |
| June | 23.9883 | 22.9194 | 23.5357 |
| July | 23.2350 | 22.1598 | 22.7060 |
| August | 23.0316 | 22.0531 | 22.5366 |
| September | 23.3123 | 22.7770 | 23.0589 |
| October | 24.2401 | 23.1355 | 23.7203 |
| November | 23.9769 | 22.3165 | 23.0614 |
| December | 23.1072 | 21.9799 | 22.5683 |