YEARLY HIGH
6.9557 DOP
YEARLY LOW
6.1718 DOP
YEARLY AVERAGE
6.6407 DOP

2021 NOK to DOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to DOP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 6.9557. Conversely, the yearly low was recorded on December 3, dropping to 6.1718.

This high-to-low spread represents a total annual volatility of 0.7839 DOP. From a start-to-finish perspective, comparing the January average rate of 6.8285 to the December average rate of 6.3434, the exchange rate registered a net change of -7.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 6.9557 was up 2.17% compared to the 2020 peak of 6.8080, 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 34,779 DOP
2020 Average 30,146 DOP
Yearly Trough Low 30,859 DOP
Transaction Impact: A difference of 3,919.56 DOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

6.9009
6.2927
JanuMarcMayJulySeptNove

NOK to DOP 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 6.7916, compared to 6.4898 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3018 points.

H1 Avg (Jan–Jun) 6.7916
H2 Avg (Jul–Dec) 6.4898

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.4562 DOP (High: 6.6988 / Low: 6.2426). On the other end, May was the most stable month, with a tight range of 0.1527 DOP (High: 6.9399 / Low: 6.7872).

November Spread (Volatile) ±0.4562
May Spread (Stable) ±0.1527

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 0.2616 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2616

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 6.7730) against the same month in 2020 (average: 5.2024), the exchange rate shifted by +1.5706 (+30.19%).

2021 Avg (April) 6.7730
2020 Avg (April) 5.2024

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.9288 6.6974 6.8285
February 6.9176 6.6767 6.8123
March 6.8379 6.5865 6.7242
April 6.9557 6.6539 6.7730
May 6.9399 6.7872 6.8502
June 6.8958 6.5750 6.7614
July 6.6447 6.3339 6.4998
August 6.5716 6.2979 6.4436
September 6.6164 6.4244 6.5401
October 6.7741 6.5396 6.6583
November 6.6988 6.2426 6.4533
December 6.5066 6.1718 6.3434