YEARLY HIGH
29050.3107 VEF
YEARLY LOW
0.1089 VEF
YEARLY AVERAGE
232.9573 VEF

2021 NOK to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 29050.3107. Conversely, the yearly low was recorded on December 4, dropping to 0.1089.

This high-to-low spread represents a total annual volatility of 29050.2018 VEF. From a start-to-finish perspective, comparing the January average rate of 2794.2084 to the December average rate of 0.1115, the exchange rate registered a net change of -100.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 29050.3107 was down 0.21% compared to the 2020 peak of 29112.7211, 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 145,251,553 VEF
2020 Average 132,397,623 VEF
Yearly Trough Low 544 VEF
Transaction Impact: A difference of 145,251,008.90 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

3073.6181
-279.2982
JanuMarcMayJulySeptNove

NOK to VEF 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 465.8002, compared to 0.1144 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 465.6859 points.

H1 Avg (Jan–Jun) 465.8002
H2 Avg (Jul–Dec) 0.1144

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 29050.1953 VEF (High: 29050.3107 / Low: 0.1154). On the other end, September was the most stable month, with a tight range of 0.0027 VEF (High: 0.1167 / Low: 0.1140).

January Spread (Volatile) ±29050.1953
September Spread (Stable) ±0.0027

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 January and February, when the average rate fell by 2794.0909 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2794.0909

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 2794.2084) against the same month in 2020 (average: 27788.1124), the exchange rate shifted by -24993.9040 (-89.94%).

2021 Avg (January) 2794.2084
2020 Avg (January) 27788.1124

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 29050.3107 0.1154 2794.2084
February 0.1194 0.1155 0.1176
March 0.1190 0.1155 0.1173
April 0.1223 0.1172 0.1191
May 0.1218 0.1191 0.1204
June 0.1210 0.1153 0.1186
July 0.1168 0.1111 0.1140
August 0.1153 0.1106 0.1129
September 0.1167 0.1140 0.1154
October 0.1202 0.1158 0.1181
November 0.1187 0.1102 0.1141
December 0.1139 0.1089 0.1115