YEARLY HIGH
0.5182 NOK
YEARLY LOW
0.4611 NOK
YEARLY AVERAGE
0.4874 NOK

2021 MDL to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MDL to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 3, valuing the pair at 0.5182. Conversely, the yearly low was recorded on May 7, dropping to 0.4611.

This high-to-low spread represents a total annual volatility of 0.0571 NOK. From a start-to-finish perspective, comparing the January average rate of 0.4941 to the December average rate of 0.5060, the exchange rate registered a net change of 2.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5182 was down 21.38% compared to the 2020 peak of 0.6591, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,591 NOK
2020 Average 2,731 NOK
Yearly Trough Low 2,305 NOK
Transaction Impact: A difference of 285.69 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5097
0.4655
JanuMarcMayJulySeptNove

MDL 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 0.4797, compared to 0.4952 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0156 points.

H1 Avg (Jan–Jun) 0.4797
H2 Avg (Jul–Dec) 0.4952

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0283 NOK (High: 0.5115 / Low: 0.4832). On the other end, April was the most stable month, with a tight range of 0.0142 NOK (High: 0.4756 / Low: 0.4614).

November Spread (Volatile) ±0.0283
April Spread (Stable) ±0.0142

Growth Streaks & Declines

Trends

Between April and August, 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 March and April, when the average rate fell by 0.0125 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0125

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.5060) against the same month in 2020 (average: 0.5062), the exchange rate shifted by -0.0002 (-0.04%).

2021 Avg (December) 0.5060
2020 Avg (December) 0.5062

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5025 0.4819 0.4941
February 0.4977 0.4807 0.4886
March 0.4893 0.4746 0.4817
April 0.4756 0.4614 0.4692
May 0.4753 0.4611 0.4696
June 0.4875 0.4677 0.4747
July 0.5007 0.4751 0.4877
August 0.5144 0.4919 0.5011
September 0.4992 0.4846 0.4924
October 0.4951 0.4758 0.4864
November 0.5115 0.4832 0.4978
December 0.5182 0.4950 0.5060