YEARLY HIGH
2536.9202 STD
YEARLY LOW
2287.8878 STD
YEARLY AVERAGE
2411.0456 STD

2021 NOK to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 2536.9202. Conversely, the yearly low was recorded on July 20, dropping to 2287.8878.

This high-to-low spread represents a total annual volatility of 249.0324 STD. From a start-to-finish perspective, comparing the January average rate of 2400.5105 to the December average rate of 2364.9511, the exchange rate registered a net change of -1.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2536.9202 was up 3.25% compared to the 2020 peak of 2457.1373, 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 12,684,601 STD
2020 Average 11,452,751 STD
Yearly Trough Low 11,439,439 STD
Transaction Impact: A difference of 1,245,161.92 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2511.7024
2326.5705
JanuMarcMayJulySeptNove

NOK to STD 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 2434.6452, compared to 2387.4460 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 47.1992 points.

H1 Avg (Jan–Jun) 2434.6452
H2 Avg (Jul–Dec) 2387.4460

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 153.1883 STD (High: 2488.1068 / Low: 2334.9186). On the other end, May was the most stable month, with a tight range of 56.7326 STD (High: 2526.4004 / Low: 2469.6679).

November Spread (Volatile) ±153.1883
May Spread (Stable) ±56.7326

Growth Streaks & Declines

Trends

Between February and May, 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 June and July, when the average rate fell by 84.3734 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -84.3734

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 2471.0308) against the same month in 2020 (average: 2116.6727), the exchange rate shifted by +354.3580 (+16.74%).

2021 Avg (April) 2471.0308
2020 Avg (April) 2116.6727

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2437.1749 2361.3829 2400.5105
February 2428.7986 2348.7356 2395.7247
March 2455.2093 2368.3804 2410.6052
April 2536.9202 2432.1784 2471.0308
May 2526.4004 2469.6679 2496.2748
June 2498.1550 2346.7904 2433.7255
July 2401.6842 2287.8878 2349.3520
August 2392.3868 2291.0799 2341.9981
September 2418.4558 2359.8211 2393.6635
October 2514.9851 2436.4157 2473.5800
November 2488.1068 2334.9186 2401.1312
December 2411.3365 2306.7981 2364.9511