YEARLY HIGH
0.2466 BZD
YEARLY LOW
0.2193 BZD
YEARLY AVERAGE
0.2345 BZD

2021 NOK to BZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to BZD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 0.2466. Conversely, the yearly low was recorded on December 4, dropping to 0.2193.

This high-to-low spread represents a total annual volatility of 0.0272 BZD. From a start-to-finish perspective, comparing the January average rate of 0.2367 to the December average rate of 0.2247, the exchange rate registered a net change of -5.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2466 was up 4.40% compared to the 2020 peak of 0.2362, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,233 BZD
2020 Average 1,074 BZD
Yearly Trough Low 1,097 BZD
Transaction Impact: A difference of 136.09 BZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2444
0.2229
JanuMarcMayJulySeptNove

NOK to BZD 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 0.2386, compared to 0.2305 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0081 points.

H1 Avg (Jan–Jun) 0.2386
H2 Avg (Jul–Dec) 0.2305

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0158 BZD (High: 0.2380 / Low: 0.2221). On the other end, September was the most stable month, with a tight range of 0.0054 BZD (High: 0.2352 / Low: 0.2298).

November Spread (Volatile) ±0.0158
September Spread (Stable) ±0.0054

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0094 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0094

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.2401) against the same month in 2020 (average: 0.1931), the exchange rate shifted by +0.0470 (+24.31%).

2021 Avg (April) 0.2401
2020 Avg (April) 0.1931

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2399 0.2326 0.2367
February 0.2407 0.2327 0.2370
March 0.2399 0.2328 0.2363
April 0.2466 0.2355 0.2401
May 0.2455 0.2401 0.2426
June 0.2439 0.2325 0.2391
July 0.2354 0.2239 0.2297
August 0.2324 0.2228 0.2277
September 0.2352 0.2298 0.2327
October 0.2423 0.2335 0.2381
November 0.2380 0.2221 0.2300
December 0.2298 0.2193 0.2247