2021 NOK to MYR Historical Review

YEARLY HIGH

0.5025 MYR

YEARLY LOW

0.4606 MYR

YEARLY AVERAGE

0.4821 MYR

2021 NOK to MYR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to MYR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 16, valuing the pair at 0.5025. Conversely, the yearly low was recorded on December 4, dropping to 0.4606.

This high-to-low spread represents a total annual volatility of 0.0419 MYR. From a start-to-finish perspective, comparing the January average rate of 0.4739 to the December average rate of 0.4695, the exchange rate registered a net change of -0.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5025 was up 5.19% compared to the 2020 peak of 0.4778, 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 2,513 MYR

2020 Average 2,236 MYR

Yearly Trough Low 2,303 MYR

Transaction Impact: A difference of 209.53 MYR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.4994

0.4668

JanuMarcMayJulySeptNove

NOK to MYR 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 0.4850, compared to 0.4791 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0059 points.

H1 Avg (Jan–Jun) 0.4850

H2 Avg (Jul–Dec) 0.4791

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0286 MYR (High: 0.4929 / Low: 0.4643). On the other end, May was the most stable month, with a tight range of 0.0114 MYR (High: 0.5025 / Low: 0.4911).

November Spread (Volatile) ±0.0286

May Spread (Stable) ±0.0114

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 0.0147 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0147

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 0.4967) against the same month in 2020 (average: 0.4302), the exchange rate shifted by +0.0665 (+15.46%).

2021 Avg (May) 0.4967

2020 Avg (May) 0.4302

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4801	0.4668	0.4739
February	0.4828	0.4682	0.4758
March	0.4906	0.4725	0.4821
April	0.5019	0.4852	0.4912
May	0.5025	0.4911	0.4967
June	0.4994	0.4773	0.4902
July	0.4853	0.4692	0.4789
August	0.4814	0.4688	0.4766
September	0.4889	0.4768	0.4809
October	0.4999	0.4850	0.4918
November	0.4929	0.4643	0.4771
December	0.4764	0.4606	0.4695