YEARLY HIGH
0.0852 XDR
YEARLY LOW
0.0776 XDR
YEARLY AVERAGE
0.0817 XDR

2021 NOK to XDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to XDR exchange rate experienced significant fluctuation. The market reached its absolute peak on October 20, valuing the pair at 0.0852. Conversely, the yearly low was recorded on December 4, dropping to 0.0776.

This high-to-low spread represents a total annual volatility of 0.0076 XDR. From a start-to-finish perspective, comparing the January average rate of 0.0814 to the December average rate of 0.0795, the exchange rate registered a net change of -2.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0852 was up 3.52% compared to the 2020 peak of 0.0823, 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 426 XDR
2020 Average 382 XDR
Yearly Trough Low 388 XDR
Transaction Impact: A difference of 38.04 XDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0840
0.0791
JanuMarcMayJulySeptNove

NOK to XDR 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 0.0825, compared to 0.0809 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0825
H2 Avg (Jul–Dec) 0.0809

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0057 XDR (High: 0.0844 / Low: 0.0787). On the other end, September was the most stable month, with a tight range of 0.0018 XDR (High: 0.0823 / Low: 0.0805).

November Spread (Volatile) ±0.0057
September Spread (Stable) ±0.0018

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0025 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 0.0836) against the same month in 2020 (average: 0.0762), the exchange rate shifted by +0.0075 (+9.79%).

2021 Avg (October) 0.0836
2020 Avg (October) 0.0762

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0825 0.0800 0.0814
February 0.0827 0.0800 0.0816
March 0.0834 0.0809 0.0821
April 0.0852 0.0825 0.0834
May 0.0849 0.0824 0.0836
June 0.0839 0.0804 0.0826
July 0.0818 0.0782 0.0801
August 0.0813 0.0780 0.0795
September 0.0823 0.0805 0.0813
October 0.0852 0.0820 0.0836
November 0.0844 0.0787 0.0812
December 0.0814 0.0776 0.0795