YEARLY HIGH
5.4235 NOK
YEARLY LOW
4.9453 NOK
YEARLY AVERAGE
5.2003 NOK

2021 BAM to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BAM to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 5.4235. Conversely, the yearly low was recorded on October 28, dropping to 4.9453.

This high-to-low spread represents a total annual volatility of 0.4782 NOK. From a start-to-finish perspective, comparing the January average rate of 5.3042 to the December average rate of 5.1854, the exchange rate registered a net change of -2.24% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 5.4235 was down 16.21% compared to the 2020 peak of 6.4726, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 27,117 NOK
2020 Average 27,436 NOK
Yearly Trough Low 24,726 NOK
Transaction Impact: A difference of 2,390.84 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

5.3594
4.9933
JanuMarcMayJulySeptNove

BAM 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 5.2049, compared to 5.1957 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0093 points.

H1 Avg (Jan–Jun) 5.2049
H2 Avg (Jul–Dec) 5.1957

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.2688 NOK (High: 5.2534 / Low: 4.9846). On the other end, April was the most stable month, with a tight range of 0.1284 NOK (High: 5.1726 / Low: 5.0442).

November Spread (Volatile) ±0.2688
April Spread (Stable) ±0.1284

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 0.1935 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1935

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 5.3071) against the same month in 2020 (average: 5.4393), the exchange rate shifted by -0.1321 (-2.43%).

2021 Avg (July) 5.3071
2020 Avg (July) 5.4393

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5.3915 5.2225 5.3042
February 5.3615 5.2024 5.2585
March 5.2855 5.1104 5.1874
April 5.1726 5.0442 5.1259
May 5.2448 5.0538 5.1580
June 5.2887 5.1374 5.1956
July 5.4235 5.2011 5.3071
August 5.4072 5.2304 5.3289
September 5.2729 5.1372 5.2173
October 5.1130 4.9453 5.0238
November 5.2534 4.9846 5.1114
December 5.3138 5.0692 5.1854