YEARLY HIGH
97.8574 CLP
YEARLY LOW
82.1849 CLP
YEARLY AVERAGE
88.3511 CLP

2021 NOK to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on October 20, valuing the pair at 97.8574. Conversely, the yearly low was recorded on January 5, dropping to 82.1849.

This high-to-low spread represents a total annual volatility of 15.6725 CLP. From a start-to-finish perspective, comparing the January average rate of 84.9075 to the December average rate of 94.7211, the exchange rate registered a net change of 11.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 97.8574 was up 7.17% compared to the 2020 peak of 91.3097, 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 489,287 CLP
2020 Average 421,083 CLP
Yearly Trough Low 410,924 CLP
Transaction Impact: A difference of 78,362.50 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

97.4277
83.2527
JanuMarcMayJulySeptNove

NOK to CLP 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 85.2630, compared to 91.4392 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.1763 points.

H1 Avg (Jan–Jun) 85.2630
H2 Avg (Jul–Dec) 91.4392

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 6.4148 CLP (High: 97.7262 / Low: 91.3114). On the other end, June was the most stable month, with a tight range of 2.5851 CLP (High: 87.5920 / Low: 85.0069).

December Spread (Volatile) ±6.4148
June Spread (Stable) ±2.5851

Growth Streaks & Declines

Trends

Between July and October, 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 October and November, when the average rate fell by 3.2378 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -3.2378

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 96.2464) against the same month in 2020 (average: 84.7413), the exchange rate shifted by +11.5051 (+13.58%).

2021 Avg (October) 96.2464
2020 Avg (October) 84.7413

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 87.1345 82.1849 84.9075
February 86.9463 83.1877 84.9146
March 86.8194 83.3259 85.1369
April 86.6578 83.3434 84.4340
May 88.3424 84.3178 85.7224
June 87.5920 85.0069 86.4625
July 87.0619 84.2138 85.7678
August 90.2539 85.7035 88.2166
September 92.6963 88.4488 90.6748
October 97.8574 93.0561 96.2464
November 96.4760 90.8331 93.0087
December 97.7262 91.3114 94.7211