YEARLY HIGH
5.4004 NOK
YEARLY LOW
4.8063 NOK
YEARLY AVERAGE
5.0559 NOK

2021 AZN to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the AZN to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 5.4004. Conversely, the yearly low was recorded on April 28, dropping to 4.8063.

This high-to-low spread represents a total annual volatility of 0.5941 NOK. From a start-to-finish perspective, comparing the January average rate of 5.0103 to the December average rate of 5.2763, the exchange rate registered a net change of 5.31% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 5.4004 was down 22.06% compared to the 2020 peak of 6.9289, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 27,002 NOK
2020 Average 27,665 NOK
Yearly Trough Low 24,031 NOK
Transaction Impact: A difference of 2,970.63 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

5.3155
4.8454
JanuMarcMayJulySeptNove

AZN 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 4.9676, compared to 5.1443 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1767 points.

H1 Avg (Jan–Jun) 4.9676
H2 Avg (Jul–Dec) 5.1443

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.3834 NOK (High: 5.3356 / Low: 4.9522). On the other end, May was the most stable month, with a tight range of 0.1106 NOK (High: 4.9369 / Low: 4.8263).

November Spread (Volatile) ±0.3834
May Spread (Stable) ±0.1106

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 September and October, when the average rate fell by 0.1150 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1150

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 5.2763) against the same month in 2020 (average: 5.1122), the exchange rate shifted by +0.1642 (+3.21%).

2021 Avg (December) 5.2763
2020 Avg (December) 5.1122

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5.0959 4.9411 5.0103
February 5.0911 4.9232 5.0020
March 5.0904 4.9396 5.0133
April 5.0169 4.8063 4.9365
May 4.9369 4.8263 4.8845
June 5.0994 4.8595 4.9588
July 5.2939 5.0352 5.1581
August 5.3159 5.0990 5.2063
September 5.1570 5.0373 5.0930
October 5.0752 4.8900 4.9780
November 5.3356 4.9522 5.1539
December 5.4004 5.1636 5.2763