YEARLY HIGH
1287.4079 UZS
YEARLY LOW
1170.8285 UZS
YEARLY AVERAGE
1234.5200 UZS

2021 NOK to UZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to UZS exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 1287.4079. Conversely, the yearly low was recorded on December 4, dropping to 1170.8285.

This high-to-low spread represents a total annual volatility of 116.5794 UZS. From a start-to-finish perspective, comparing the January average rate of 1230.3186 to the December average rate of 1205.0051, the exchange rate registered a net change of -2.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1287.4079 was up 4.99% compared to the 2020 peak of 1226.2252, 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 6,437,039 UZS
2020 Average 5,360,550 UZS
Yearly Trough Low 5,854,143 UZS
Transaction Impact: A difference of 582,896.84 UZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1277.2863
1195.9107
JanuMarcMayJulySeptNove

NOK to UZS 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 1245.9356, compared to 1223.1045 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 22.8310 points.

H1 Avg (Jan–Jun) 1245.9356
H2 Avg (Jul–Dec) 1223.1045

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 79.2175 UZS (High: 1268.4520 / Low: 1189.2345). On the other end, May was the most stable month, with a tight range of 24.6393 UZS (High: 1283.5906 / Low: 1258.9513).

November Spread (Volatile) ±79.2175
May Spread (Stable) ±24.6393

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 44.1451 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -44.1451

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 1251.1601) against the same month in 2020 (average: 946.9226), the exchange rate shifted by +304.2375 (+32.13%).

2021 Avg (April) 1251.1601
2020 Avg (April) 946.9226

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1245.1258 1209.4446 1230.3186
February 1260.2543 1215.1533 1238.0259
March 1252.2323 1212.1322 1231.3015
April 1287.4079 1226.9088 1251.1601
May 1283.5906 1258.9513 1270.5050
June 1279.5637 1221.0819 1254.3024
July 1236.9028 1177.1576 1210.1572
August 1228.4470 1175.9180 1202.6920
September 1249.3971 1217.6735 1232.8494
October 1285.2033 1239.5737 1262.7742
November 1268.4520 1189.2345 1225.1493
December 1232.9520 1170.8285 1205.0051