2021 NOK to MRO Historical Review

YEARLY HIGH

43.6723 MRO

YEARLY LOW

0.1129 MRO

YEARLY AVERAGE

40.5678 MRO

2021 NOK to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 43.6723. Conversely, the yearly low was recorded on December 25, dropping to 0.1129.

This high-to-low spread represents a total annual volatility of 43.5595 MRO. From a start-to-finish perspective, comparing the January average rate of 41.8928 to the December average rate of 28.0873, the exchange rate registered a net change of -32.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 43.6723 was up 4.41% compared to the 2020 peak of 41.8260, 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 218,362 MRO

2020 Average 190,214 MRO

Yearly Trough Low 564 MRO

Transaction Impact: A difference of 217,797.25 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

44.4632

26.5985

JanuMarcMayJulySeptNove

NOK to MRO 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 42.2619, compared to 38.8737 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.3882 points.

H1 Avg (Jan–Jun) 42.2619

H2 Avg (Jul–Dec) 38.8737

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 40.1099 MRO (High: 40.2228 / Low: 0.1129). On the other end, September was the most stable month, with a tight range of 0.9668 MRO (High: 41.6691 / Low: 40.7023).

December Spread (Volatile) ±40.1099

September Spread (Stable) ±0.9668

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 12.6606 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -12.6606

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 42.5265) against the same month in 2020 (average: 34.2638), the exchange rate shifted by +8.2627 (+24.12%).

2021 Avg (April) 42.5265

2020 Avg (April) 34.2638

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	42.4808	41.1902	41.8928
February	42.6346	41.2292	41.9664
March	42.4931	41.2347	41.8716
April	43.6723	41.8388	42.5265
May	43.4912	42.5170	42.9745
June	43.1936	41.1617	42.3396
July	41.6867	39.6497	40.6997
August	41.1649	39.4855	40.3214
September	41.6691	40.7023	41.2147
October	42.9246	41.3577	42.1711
November	42.3857	39.3399	40.7479
December	40.2228	0.1129	28.0873