2021 NOK to LRD Historical Review

YEARLY HIGH

21.0563 LRD

YEARLY LOW

15.4600 LRD

YEARLY AVERAGE

19.3662 LRD

2021 NOK to LRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to LRD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 21.0563. Conversely, the yearly low was recorded on December 4, dropping to 15.4600.

This high-to-low spread represents a total annual volatility of 5.5963 LRD. From a start-to-finish perspective, comparing the January average rate of 19.7470 to the December average rate of 15.8952, the exchange rate registered a net change of -19.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 21.0563 was down 7.78% compared to the 2020 peak of 22.8318, 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 105,282 LRD

2020 Average 101,947 LRD

Yearly Trough Low 77,300 LRD

Transaction Impact: A difference of 27,981.63 LRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

21.1605

15.4165

JanuMarcMayJulySeptNove

NOK to LRD 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 20.3278, compared to 18.4046 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.9232 points.

H1 Avg (Jan–Jun) 20.3278

H2 Avg (Jul–Dec) 18.4046

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 2.1431 LRD (High: 17.8240 / Low: 15.6809). On the other end, September was the most stable month, with a tight range of 0.5025 LRD (High: 20.0043 / Low: 19.5018).

November Spread (Volatile) ±2.1431

September Spread (Stable) ±0.5025

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 October and November, when the average rate fell by 2.7068 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -2.7068

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 20.5634) against the same month in 2020 (average: 19.0117), the exchange rate shifted by +1.5518 (+8.16%).

2021 Avg (April) 20.5634

2020 Avg (April) 19.0117

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	20.2171	19.0239	19.7470
February	20.7113	19.8734	20.2866
March	20.6626	20.0254	20.3586
April	21.0563	20.2748	20.5634
May	20.9538	20.4397	20.6818
June	20.7401	19.7623	20.3293
July	20.0260	19.0585	19.5604
August	19.8157	18.9823	19.3922
September	20.0043	19.5018	19.7990
October	20.0213	17.9162	19.2438
November	17.8240	15.6809	16.5371
December	16.5013	15.4600	15.8952