YEARLY HIGH
0.3319 NOK
YEARLY LOW
0.2935 NOK
YEARLY AVERAGE
0.3081 NOK

2021 TWD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TWD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 0.3319. Conversely, the yearly low was recorded on April 28, dropping to 0.2935.

This high-to-low spread represents a total annual volatility of 0.0384 NOK. From a start-to-finish perspective, comparing the January average rate of 0.3044 to the December average rate of 0.3238, the exchange rate registered a net change of 6.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.3319 was down 14.87% compared to the 2020 peak of 0.3899, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,660 NOK
2020 Average 1,599 NOK
Yearly Trough Low 1,468 NOK
Transaction Impact: A difference of 192.08 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.3264
0.2947
JanuMarcMayJulySeptNove

TWD 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 0.3017, compared to 0.3144 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0127 points.

H1 Avg (Jan–Jun) 0.3017
H2 Avg (Jul–Dec) 0.3144

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0253 NOK (High: 0.3281 / Low: 0.3028). On the other end, April was the most stable month, with a tight range of 0.0060 NOK (High: 0.2995 / Low: 0.2935).

November Spread (Volatile) ±0.0253
April Spread (Stable) ±0.0060

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 September and October, when the average rate fell by 0.0093 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0093

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.3238) against the same month in 2020 (average: 0.3088), the exchange rate shifted by +0.0150 (+4.86%).

2021 Avg (December) 0.3238
2020 Avg (December) 0.3088

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3102 0.2999 0.3044
February 0.3107 0.2996 0.3046
March 0.3086 0.2974 0.3019
April 0.2995 0.2935 0.2973
May 0.3029 0.2938 0.2982
June 0.3120 0.2978 0.3040
July 0.3214 0.3060 0.3136
August 0.3228 0.3124 0.3178
September 0.3152 0.3088 0.3127
October 0.3108 0.2989 0.3034
November 0.3281 0.3028 0.3153
December 0.3319 0.3177 0.3238