2021 NOK to OMR Historical Review

YEARLY HIGH

0.0471 OMR

YEARLY LOW

0.0419 OMR

YEARLY AVERAGE

0.0448 OMR

2021 NOK to OMR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to OMR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 0.0471. Conversely, the yearly low was recorded on December 4, dropping to 0.0419.

This high-to-low spread represents a total annual volatility of 0.0052 OMR. From a start-to-finish perspective, comparing the January average rate of 0.0452 to the December average rate of 0.0429, the exchange rate registered a net change of -5.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0471 was up 4.40% compared to the 2020 peak of 0.0451, 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 235 OMR

2020 Average 205 OMR

Yearly Trough Low 210 OMR

Transaction Impact: A difference of 25.88 OMR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0467

0.0426

JanuMarcMayJulySeptNove

NOK to OMR 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 0.0456, compared to 0.0440 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0456

H2 Avg (Jul–Dec) 0.0440

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0033 OMR (High: 0.0457 / Low: 0.0424). On the other end, September was the most stable month, with a tight range of 0.0010 OMR (High: 0.0449 / Low: 0.0439).

November Spread (Volatile) ±0.0033

September Spread (Stable) ±0.0010

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 June and July, when the average rate fell by 0.0018 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.0459) against the same month in 2020 (average: 0.0370), the exchange rate shifted by +0.0089 (+24.08%).

2021 Avg (April) 0.0459

2020 Avg (April) 0.0370

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0458	0.0444	0.0452
February	0.0460	0.0445	0.0453
March	0.0458	0.0445	0.0452
April	0.0471	0.0451	0.0459
May	0.0469	0.0458	0.0463
June	0.0466	0.0444	0.0457
July	0.0450	0.0428	0.0439
August	0.0444	0.0426	0.0435
September	0.0449	0.0439	0.0444
October	0.0463	0.0446	0.0455
November	0.0457	0.0424	0.0439
December	0.0439	0.0419	0.0429