2021 NOK to NZD Historical Review

YEARLY HIGH

0.1690 NZD

YEARLY LOW

0.1594 NZD

YEARLY AVERAGE

0.1645 NZD

2021 NOK to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 8, valuing the pair at 0.1690. Conversely, the yearly low was recorded on February 28, dropping to 0.1594.

This high-to-low spread represents a total annual volatility of 0.0096 NZD. From a start-to-finish perspective, comparing the January average rate of 0.1633 to the December average rate of 0.1643, the exchange rate registered a net change of 0.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1690 was down 2.05% compared to the 2020 peak of 0.1725, 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 845 NZD

2020 Average 819 NZD

Yearly Trough Low 797 NZD

Transaction Impact: A difference of 47.89 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1680

0.1614

JanuMarcMayJulySeptNove

NOK to NZD 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 0.1652, compared to 0.1639 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.1652

H2 Avg (Jul–Dec) 0.1639

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0069 NZD (High: 0.1675 / Low: 0.1607). On the other end, April was the most stable month, with a tight range of 0.0023 NZD (High: 0.1686 / Low: 0.1663).

March Spread (Volatile) ±0.0069

April Spread (Stable) ±0.0023

Growth Streaks & Declines

Trends

Between February and April, 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 October and November, when the average rate fell by 0.0045 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 0.1674) against the same month in 2020 (average: 0.1621), the exchange rate shifted by +0.0053 (+3.29%).

2021 Avg (October) 0.1674

2020 Avg (October) 0.1621

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1649	0.1616	0.1633
February	0.1648	0.1594	0.1622
March	0.1675	0.1607	0.1645
April	0.1686	0.1663	0.1673
May	0.1680	0.1642	0.1666
June	0.1688	0.1658	0.1671
July	0.1664	0.1604	0.1631
August	0.1648	0.1598	0.1619
September	0.1663	0.1612	0.1636
October	0.1690	0.1648	0.1674
November	0.1654	0.1601	0.1629
December	0.1670	0.1613	0.1643