YEARLY HIGH
0.1072 NOK
YEARLY LOW
0.0964 NOK
YEARLY AVERAGE
0.1011 NOK

2021 BDT to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BDT to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 0.1072. Conversely, the yearly low was recorded on April 28, dropping to 0.0964.

This high-to-low spread represents a total annual volatility of 0.0108 NOK. From a start-to-finish perspective, comparing the January average rate of 0.1005 to the December average rate of 0.1046, the exchange rate registered a net change of 4.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1072 was down 23.05% compared to the 2020 peak of 0.1393, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 536 NOK
2020 Average 555 NOK
Yearly Trough Low 482 NOK
Transaction Impact: A difference of 53.98 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1053
0.0973
JanuMarcMayJulySeptNove

BDT 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 0.0997, compared to 0.1025 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0028 points.

H1 Avg (Jan–Jun) 0.0997
H2 Avg (Jul–Dec) 0.1025

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0074 NOK (High: 0.1058 / Low: 0.0983). On the other end, September was the most stable month, with a tight range of 0.0020 NOK (High: 0.1024 / Low: 0.1003).

November Spread (Volatile) ±0.0074
September Spread (Stable) ±0.0020

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 0.0027 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.1046) against the same month in 2020 (average: 0.1026), the exchange rate shifted by +0.0019 (+1.90%).

2021 Avg (December) 0.1046
2020 Avg (December) 0.1026

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1022 0.0992 0.1005
February 0.1021 0.0988 0.1003
March 0.1021 0.0991 0.1006
April 0.1009 0.0964 0.0991
May 0.0990 0.0969 0.0980
June 0.1023 0.0975 0.0995
July 0.1062 0.1010 0.1035
August 0.1063 0.1017 0.1042
September 0.1024 0.1003 0.1016
October 0.1008 0.0972 0.0989
November 0.1058 0.0983 0.1022
December 0.1072 0.1023 0.1046