2021 NOK to QAR Historical Review

YEARLY HIGH

0.4454 QAR

YEARLY LOW

0.3964 QAR

YEARLY AVERAGE

0.4241 QAR

2021 NOK to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 0.4454. Conversely, the yearly low was recorded on December 4, dropping to 0.3964.

This high-to-low spread represents a total annual volatility of 0.0490 QAR. From a start-to-finish perspective, comparing the January average rate of 0.4274 to the December average rate of 0.4059, the exchange rate registered a net change of -5.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.4454 was up 4.41% compared to the 2020 peak of 0.4266, 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 2,227 QAR

2020 Average 1,940 QAR

Yearly Trough Low 1,982 QAR

Transaction Impact: A difference of 245.15 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.4416

0.4026

JanuMarcMayJulySeptNove

NOK to QAR 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 0.4311, compared to 0.4170 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0141 points.

H1 Avg (Jan–Jun) 0.4311

H2 Avg (Jul–Dec) 0.4170

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0311 QAR (High: 0.4323 / Low: 0.4012). On the other end, May was the most stable month, with a tight range of 0.0109 QAR (High: 0.4445 / Low: 0.4336).

November Spread (Volatile) ±0.0311

May Spread (Stable) ±0.0109

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 0.0163 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0163

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.4337) against the same month in 2020 (average: 0.3495), the exchange rate shifted by +0.0842 (+24.09%).

2021 Avg (April) 0.4337

2020 Avg (April) 0.3495

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4333	0.4201	0.4274
February	0.4348	0.4205	0.4280
March	0.4334	0.4205	0.4272
April	0.4454	0.4265	0.4337
May	0.4445	0.4336	0.4384
June	0.4405	0.4198	0.4320
July	0.4322	0.4044	0.4157
August	0.4258	0.4033	0.4132
September	0.4266	0.4128	0.4214
October	0.4378	0.4218	0.4302
November	0.4323	0.4012	0.4157
December	0.4148	0.3964	0.4059