2021 MYR to NOK Historical Review

YEARLY HIGH

2.1709 NOK

YEARLY LOW

1.9899 NOK

YEARLY AVERAGE

2.0752 NOK

2021 MYR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MYR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 2.1709. Conversely, the yearly low was recorded on May 16, dropping to 1.9899.

This high-to-low spread represents a total annual volatility of 0.1810 NOK. From a start-to-finish perspective, comparing the January average rate of 2.1101 to the December average rate of 2.1302, the exchange rate registered a net change of 0.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.1709 was down 19.13% compared to the 2020 peak of 2.6844, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 43,418 NOK

2020 Average 44,809 NOK

Yearly Trough Low 39,797 NOK

Transaction Impact: A difference of 3,620.40 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.1419

2.0018

JanuMarcMayJulySeptNove

MYR 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 2.0627, compared to 2.0878 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0251 points.

H1 Avg (Jan–Jun) 2.0627

H2 Avg (Jul–Dec) 2.0878

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.1250 NOK (High: 2.1539 / Low: 2.0288). On the other end, May was the most stable month, with a tight range of 0.0462 NOK (High: 2.0361 / Low: 1.9899).

November Spread (Volatile) ±0.1250

May Spread (Stable) ±0.0462

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 0.0459 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0459

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 2.1302) against the same month in 2020 (average: 2.1456), the exchange rate shifted by -0.0154 (-0.72%).

2021 Avg (December) 2.1302

2020 Avg (December) 2.1456

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1424	2.0830	2.1101
February	2.1356	2.0714	2.1019
March	2.1163	2.0384	2.0743
April	2.0610	1.9926	2.0360
May	2.0361	1.9899	2.0135
June	2.0950	2.0022	2.0402
July	2.1313	2.0606	2.0881
August	2.1331	2.0771	2.0985
September	2.0973	2.0455	2.0795
October	2.0619	2.0002	2.0336
November	2.1539	2.0288	2.0967
December	2.1709	2.0990	2.1302

2021 MYR నుండి NOK చారిత్రక సమీక్ష