YEARLY HIGH
110.0984 KPW
YEARLY LOW
97.9858 KPW
YEARLY AVERAGE
104.7312 KPW

2021 NOK to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 110.0984. Conversely, the yearly low was recorded on December 4, dropping to 97.9858.

This high-to-low spread represents a total annual volatility of 12.1125 KPW. From a start-to-finish perspective, comparing the January average rate of 105.6122 to the December average rate of 100.3206, the exchange rate registered a net change of -5.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 110.0984 was up 4.41% compared to the 2020 peak of 105.4437, 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 550,492 KPW
2020 Average 479,532 KPW
Yearly Trough Low 489,929 KPW
Transaction Impact: A difference of 60,562.75 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

109.1410
99.5187
JanuMarcMayJulySeptNove

NOK to KPW 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 106.5427, compared to 102.9197 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.6230 points.

H1 Avg (Jan–Jun) 106.5427
H2 Avg (Jul–Dec) 102.9197

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 7.6785 KPW (High: 106.8548 / Low: 99.1763). On the other end, September was the most stable month, with a tight range of 2.4374 KPW (High: 105.0482 / Low: 102.6109).

November Spread (Volatile) ±7.6785
September Spread (Stable) ±2.4374

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 4.1340 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -4.1340

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 107.2097) against the same month in 2020 (average: 86.3793), the exchange rate shifted by +20.8305 (+24.12%).

2021 Avg (April) 107.2097
2020 Avg (April) 86.3793

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 107.0944 103.8408 105.6122
February 107.4823 103.9393 105.7977
March 107.1255 103.9530 105.5588
April 110.0984 105.4760 107.2097
May 109.6419 107.1858 108.3392
June 108.8916 103.7691 106.7384
July 105.0926 99.9572 102.6045
August 103.7772 99.5432 101.6505
September 105.0482 102.6109 103.9027
October 108.2134 104.2632 106.3138
November 106.8548 99.1763 102.7258
December 102.5279 97.9858 100.3206