2021 NOK to PKR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 NOK to PKR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the NOK to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 26, valuing the pair at 20.9368. Conversely, the yearly low was recorded on March 31, dropping to 17.8579.
This high-to-low spread represents a total annual volatility of 3.0789 PKR. From a start-to-finish perspective, comparing the January average rate of 18.8456 to the December average rate of 19.7917, the exchange rate registered a net change of 5.02% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 20.9368 was up 9.76% compared to the 2020 peak of 19.0742, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
NOK to PKR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 18.5231, compared to 19.3637 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8406 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was December, with a trading range of 1.2036 PKR (High: 20.3291 / Low: 19.1255). On the other end, May was the most stable month, with a tight range of 0.3783 PKR (High: 18.5985 / Low: 18.2202).
Growth Streaks & Declines
TrendsBetween July and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.5293 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2021: 20.3120) against the same month in 2020 (average: 17.5229), the exchange rate shifted by +2.7891 (+15.92%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 19.1052 | 18.5447 | 18.8456 |
| February | 18.9922 | 18.2837 | 18.7364 |
| March | 18.6744 | 17.8579 | 18.3123 |
| April | 18.7997 | 17.9111 | 18.2457 |
| May | 18.5985 | 18.2202 | 18.4505 |
| June | 18.8239 | 18.0847 | 18.5482 |
| July | 18.5827 | 17.8703 | 18.2388 |
| August | 19.2180 | 18.1660 | 18.6079 |
| September | 19.7957 | 19.2204 | 19.4489 |
| October | 20.9368 | 19.7810 | 20.3120 |
| November | 20.3884 | 19.2678 | 19.7827 |
| December | 20.3291 | 19.1255 | 19.7917 |