YEARLY HIGH
0.2769 TOP
YEARLY LOW
0.2490 TOP
YEARLY AVERAGE
0.2636 TOP

2021 NOK to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 0.2769. Conversely, the yearly low was recorded on December 4, dropping to 0.2490.

This high-to-low spread represents a total annual volatility of 0.0279 TOP. From a start-to-finish perspective, comparing the January average rate of 0.2677 to the December average rate of 0.2547, the exchange rate registered a net change of -4.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2769 was up 3.73% compared to the 2020 peak of 0.2669, 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 1,384 TOP
2020 Average 1,226 TOP
Yearly Trough Low 1,245 TOP
Transaction Impact: A difference of 139.60 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.2728
0.2530
JanuMarcMayJulySeptNove

NOK to TOP 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 0.2687, compared to 0.2586 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0101 points.

H1 Avg (Jan–Jun) 0.2687
H2 Avg (Jul–Dec) 0.2586

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0146 TOP (High: 0.2656 / Low: 0.2509). On the other end, September was the most stable month, with a tight range of 0.0057 TOP (High: 0.2636 / Low: 0.2579).

November Spread (Volatile) ±0.0146
September Spread (Stable) ±0.0057

Growth Streaks & Declines

Trends

Between August and October, 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 October and November, when the average rate fell by 0.0085 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0085

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.2711) against the same month in 2020 (average: 0.2242), the exchange rate shifted by +0.0470 (+20.94%).

2021 Avg (April) 0.2711
2020 Avg (April) 0.2242

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2721 0.2634 0.2677
February 0.2735 0.2624 0.2698
March 0.2707 0.2623 0.2674
April 0.2769 0.2685 0.2711
May 0.2752 0.2669 0.2711
June 0.2700 0.2580 0.2650
July 0.2634 0.2517 0.2574
August 0.2607 0.2515 0.2557
September 0.2636 0.2579 0.2600
October 0.2703 0.2630 0.2661
November 0.2656 0.2509 0.2577
December 0.2595 0.2490 0.2547