YEARLY HIGH
0.0061 NOK
YEARLY LOW
0.0054 NOK
YEARLY AVERAGE
0.0057 NOK

2021 LBP to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the LBP to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 0.0061. Conversely, the yearly low was recorded on April 28, dropping to 0.0054.

This high-to-low spread represents a total annual volatility of 0.0007 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0056 to the December average rate of 0.0059, the exchange rate registered a net change of 5.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0061 was down 45.25% compared to the 2020 peak of 0.0111, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 30 NOK
2020 Average 31 NOK
Yearly Trough Low 27 NOK
Transaction Impact: A difference of 3.56 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0060
0.0054
JanuMarcMayJulySeptNove

LBP 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 0.0056, compared to 0.0058 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0056
H2 Avg (Jul–Dec) 0.0058

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0004 NOK (High: 0.0060 / Low: 0.0055). On the other end, May was the most stable month, with a tight range of 0.0002 NOK (High: 0.0055 / Low: 0.0054).

November Spread (Volatile) ±0.0004
May Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between May and August, 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 August and September, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0059) against the same month in 2020 (average: 0.0057), the exchange rate shifted by +0.0002 (+2.81%).

2021 Avg (December) 0.0059
2020 Avg (December) 0.0057

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0057 0.0055 0.0056
February 0.0057 0.0055 0.0056
March 0.0057 0.0055 0.0056
April 0.0057 0.0054 0.0055
May 0.0055 0.0054 0.0055
June 0.0057 0.0054 0.0055
July 0.0059 0.0056 0.0058
August 0.0060 0.0057 0.0058
September 0.0058 0.0056 0.0057
October 0.0057 0.0055 0.0056
November 0.0060 0.0055 0.0057
December 0.0061 0.0058 0.0059