YEARLY HIGH
0.6317 NOK
YEARLY LOW
0.5482 NOK
YEARLY AVERAGE
0.5820 NOK

2021 NAD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NAD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 18, valuing the pair at 0.6317. Conversely, the yearly low was recorded on November 3, dropping to 0.5482.

This high-to-low spread represents a total annual volatility of 0.0834 NOK. From a start-to-finish perspective, comparing the January average rate of 0.5652 to the December average rate of 0.5641, the exchange rate registered a net change of -0.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.6317 was down 6.76% compared to the 2020 peak of 0.6775, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,158 NOK
2020 Average 2,866 NOK
Yearly Trough Low 2,741 NOK
Transaction Impact: A difference of 417.22 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.6139
0.5596
JanuMarcMayJulySeptNove

NAD 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 0.5822, compared to 0.5818 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.5822
H2 Avg (Jul–Dec) 0.5818

Volatility Range Comparison

Volatility

The most volatile month in 2021 was August, with a trading range of 0.0479 NOK (High: 0.6292 / Low: 0.5813). On the other end, April was the most stable month, with a tight range of 0.0139 NOK (High: 0.5856 / Low: 0.5717).

August Spread (Volatile) ±0.0479
April Spread (Stable) ±0.0139

Growth Streaks & Declines

Trends

Between March and June, 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 August and September, when the average rate fell by 0.0184 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0184

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.6094) against the same month in 2020 (average: 0.5575), the exchange rate shifted by +0.0519 (+9.31%).

2021 Avg (June) 0.6094
2020 Avg (June) 0.5575

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5877 0.5501 0.5652
February 0.5959 0.5657 0.5775
March 0.5882 0.5487 0.5693
April 0.5856 0.5717 0.5800
May 0.6079 0.5736 0.5916
June 0.6317 0.5974 0.6094
July 0.6149 0.5885 0.6036
August 0.6292 0.5813 0.6028
September 0.6056 0.5731 0.5844
October 0.5797 0.5511 0.5692
November 0.5928 0.5482 0.5667
December 0.5755 0.5517 0.5641