YEARLY HIGH
0.8161 NOK
YEARLY LOW
0.7358 NOK
YEARLY AVERAGE
0.7759 NOK

2021 BWP to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BWP to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 0.8161. Conversely, the yearly low was recorded on October 28, dropping to 0.7358.

This high-to-low spread represents a total annual volatility of 0.0802 NOK. From a start-to-finish perspective, comparing the January average rate of 0.7767 to the December average rate of 0.7652, 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 0.8161 was down 21.81% compared to the 2020 peak of 1.0437, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 BWP based on timing:

Yearly Peak High 4,080 NOK
2020 Average 4,114 NOK
Yearly Trough Low 3,679 NOK
Transaction Impact: A difference of 401.19 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.8020
0.7481
JanuMarcMayJulySeptNove

BWP to NOK 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 0.7766, compared to 0.7752 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.7766
H2 Avg (Jul–Dec) 0.7752

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0390 NOK (High: 0.7749 / Low: 0.7359). On the other end, June was the most stable month, with a tight range of 0.0217 NOK (High: 0.8008 / Low: 0.7792).

November Spread (Volatile) ±0.0390
June Spread (Stable) ±0.0217

Growth Streaks & Declines

Trends

Between April and July, 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 September and October, when the average rate fell by 0.0298 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0298

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 0.7975) against the same month in 2020 (average: 0.8028), the exchange rate shifted by -0.0053 (-0.67%).

2021 Avg (July) 0.7975
2020 Avg (July) 0.8028

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7991 0.7625 0.7767
February 0.7965 0.7729 0.7809
March 0.7863 0.7566 0.7716
April 0.7777 0.7538 0.7708
May 0.7873 0.7553 0.7731
June 0.8008 0.7792 0.7868
July 0.8161 0.7811 0.7975
August 0.8091 0.7781 0.7949
September 0.7945 0.7617 0.7823
October 0.7636 0.7358 0.7526
November 0.7749 0.7359 0.7584
December 0.7807 0.7484 0.7652