YEARLY HIGH
4.5593 NOK
YEARLY LOW
4.0559 NOK
YEARLY AVERAGE
4.2663 NOK

2021 BZD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BZD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 4.5593. Conversely, the yearly low was recorded on April 28, dropping to 4.0559.

This high-to-low spread represents a total annual volatility of 0.5033 NOK. From a start-to-finish perspective, comparing the January average rate of 4.2259 to the December average rate of 4.4507, the exchange rate registered a net change of 5.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 4.5593 was down 22.25% compared to the 2020 peak of 5.8640, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 22,796 NOK
2020 Average 23,378 NOK
Yearly Trough Low 20,280 NOK
Transaction Impact: A difference of 2,516.64 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

4.4836
4.0889
JanuMarcMayJulySeptNove

BZD 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 4.1916, compared to 4.3410 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1495 points.

H1 Avg (Jan–Jun) 4.1916
H2 Avg (Jul–Dec) 4.3410

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.2997 NOK (High: 4.5015 / Low: 4.2018). On the other end, May was the most stable month, with a tight range of 0.0917 NOK (High: 4.1648 / Low: 4.0732).

November Spread (Volatile) ±0.2997
May Spread (Stable) ±0.0917

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 0.0963 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0963

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 4.4507) against the same month in 2020 (average: 4.3175), the exchange rate shifted by +0.1333 (+3.09%).

2021 Avg (December) 4.4507
2020 Avg (December) 4.3175

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.2989 4.1692 4.2259
February 4.2969 4.1551 4.2201
March 4.2964 4.1691 4.2316
April 4.2455 4.0559 4.1663
May 4.1648 4.0732 4.1218
June 4.3020 4.1007 4.1837
July 4.4664 4.2490 4.3538
August 4.4879 4.3029 4.3931
September 4.3507 4.2510 4.2973
October 4.2833 4.1263 4.2010
November 4.5015 4.2018 4.3503
December 4.5593 4.3524 4.4507