YEARLY HIGH
0.8318 TTD
YEARLY LOW
0.7384 TTD
YEARLY AVERAGE
0.7901 TTD

2021 NOK to TTD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to TTD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 0.8318. Conversely, the yearly low was recorded on December 4, dropping to 0.7384.

This high-to-low spread represents a total annual volatility of 0.0934 TTD. From a start-to-finish perspective, comparing the January average rate of 0.7973 to the December average rate of 0.7573, the exchange rate registered a net change of -5.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.8318 was up 4.91% compared to the 2020 peak of 0.7929, 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 4,159 TTD
2020 Average 3,606 TTD
Yearly Trough Low 3,692 TTD
Transaction Impact: A difference of 467.13 TTD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.8234
0.7513
JanuMarcMayJulySeptNove

NOK to TTD 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 0.8037, compared to 0.7766 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0271 points.

H1 Avg (Jan–Jun) 0.8037
H2 Avg (Jul–Dec) 0.7766

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0585 TTD (High: 0.8057 / Low: 0.7473). On the other end, May was the most stable month, with a tight range of 0.0192 TTD (High: 0.8276 / Low: 0.8084).

November Spread (Volatile) ±0.0585
May Spread (Stable) ±0.0192

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 0.0308 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0308

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.8085) against the same month in 2020 (average: 0.6482), the exchange rate shifted by +0.1603 (+24.73%).

2021 Avg (April) 0.8085
2020 Avg (April) 0.6482

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8087 0.7848 0.7973
February 0.8109 0.7837 0.7979
March 0.8078 0.7846 0.7965
April 0.8318 0.7931 0.8085
May 0.8276 0.8084 0.8174
June 0.8206 0.7828 0.8047
July 0.7913 0.7542 0.7739
August 0.7834 0.7505 0.7670
September 0.7932 0.7740 0.7842
October 0.8163 0.7867 0.8022
November 0.8057 0.7473 0.7747
December 0.7745 0.7384 0.7573