YEARLY HIGH
497.6823 KHR
YEARLY LOW
443.3315 KHR
YEARLY AVERAGE
473.5872 KHR

2021 NOK to KHR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 497.6823. Conversely, the yearly low was recorded on December 4, dropping to 443.3315.

This high-to-low spread represents a total annual volatility of 54.3508 KHR. From a start-to-finish perspective, comparing the January average rate of 476.8171 to the December average rate of 454.0792, the exchange rate registered a net change of -4.77% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 497.6823 was up 5.36% compared to the 2020 peak of 472.3763, 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 2,488,411 KHR
2020 Average 2,175,082 KHR
Yearly Trough Low 2,216,658 KHR
Transaction Impact: A difference of 271,753.82 KHR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

492.6814
450.5699
JanuMarcMayJulySeptNove

NOK to KHR 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 481.0579, compared to 466.1165 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 14.9414 points.

H1 Avg (Jan–Jun) 481.0579
H2 Avg (Jul–Dec) 466.1165

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 35.4903 KHR (High: 484.0979 / Low: 448.6076). On the other end, May was the most stable month, with a tight range of 9.4938 KHR (High: 494.7824 / Low: 485.2885).

November Spread (Volatile) ±35.4903
May Spread (Stable) ±9.4938

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 19.4476 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -19.4476

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 481.9879) against the same month in 2020 (average: 390.4838), the exchange rate shifted by +91.5041 (+23.43%).

2021 Avg (April) 481.9879
2020 Avg (April) 390.4838

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 484.1982 470.0513 476.8171
February 486.8591 470.4986 478.7510
March 482.2196 468.0197 475.8930
April 497.6823 473.0617 481.9879
May 494.7824 485.2885 489.1721
June 493.5433 469.8435 483.7262
July 474.9180 452.4799 464.2786
August 470.2006 450.9976 460.6050
September 476.4837 465.5038 471.4323
October 489.9724 474.2926 481.6442
November 484.0979 448.6076 464.6599
December 463.9104 443.3315 454.0792