YEARLY HIGH
4.3233 NOK
YEARLY LOW
3.9993 NOK
YEARLY AVERAGE
4.1568 NOK

2021 FJD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the FJD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 4.3233. Conversely, the yearly low was recorded on October 16, dropping to 3.9993.

This high-to-low spread represents a total annual volatility of 0.3240 NOK. From a start-to-finish perspective, comparing the January average rate of 4.1854 to the December average rate of 4.2131, the exchange rate registered a net change of 0.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 4.3233 was down 13.36% compared to the 2020 peak of 4.9901, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 21,616 NOK
2020 Average 21,704 NOK
Yearly Trough Low 19,996 NOK
Transaction Impact: A difference of 1,619.96 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

4.2491
4.0315
JanuMarcMayJulySeptNove

FJD 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 4.1411, compared to 4.1725 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0313 points.

H1 Avg (Jan–Jun) 4.1411
H2 Avg (Jul–Dec) 4.1725

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.2126 NOK (High: 4.2856 / Low: 4.0730). On the other end, October was the most stable month, with a tight range of 0.0896 NOK (High: 4.0889 / Low: 3.9993).

November Spread (Volatile) ±0.2126
October Spread (Stable) ±0.0896

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 0.1016 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 4.1919) against the same month in 2020 (average: 4.2184), the exchange rate shifted by -0.0265 (-0.63%).

2021 Avg (February) 4.1919
2020 Avg (February) 4.2184

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.2355 4.1200 4.1854
February 4.3233 4.1457 4.1919
March 4.2254 4.1245 4.1687
April 4.1397 4.0365 4.0985
May 4.1319 4.0194 4.0896
June 4.2003 4.0563 4.1127
July 4.3083 4.1311 4.2169
August 4.3044 4.1401 4.2310
September 4.1992 4.0954 4.1512
October 4.0889 3.9993 4.0496
November 4.2856 4.0730 4.1728
December 4.3177 4.1432 4.2131