YEARLY HIGH
67.6787 XAF
YEARLY LOW
61.8310 XAF
YEARLY AVERAGE
64.5237 XAF

2021 NOK to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 20, valuing the pair at 67.6787. Conversely, the yearly low was recorded on July 20, dropping to 61.8310.

This high-to-low spread represents a total annual volatility of 5.8476 XAF. From a start-to-finish perspective, comparing the January average rate of 63.2659 to the December average rate of 64.6735, the exchange rate registered a net change of 2.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 67.6787 was up 1.37% compared to the 2020 peak of 66.7666, 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 338,393 XAF
2020 Average 305,984 XAF
Yearly Trough Low 309,155 XAF
Transaction Impact: A difference of 29,238.10 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

67.2013
62.5597
JanuMarcMayJulySeptNove

NOK to XAF 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 64.4412, compared to 64.6062 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1651 points.

H1 Avg (Jan–Jun) 64.4412
H2 Avg (Jul–Dec) 64.6062

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 3.2856 XAF (High: 67.1406 / Low: 63.8549). On the other end, April was the most stable month, with a tight range of 1.3454 XAF (High: 66.1293 / Low: 64.7839).

November Spread (Volatile) ±3.2856
April Spread (Stable) ±1.3454

Growth Streaks & Declines

Trends

Between January and April, 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 June and July, when the average rate fell by 1.4077 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.4077

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 66.8145) against the same month in 2020 (average: 59.9780), the exchange rate shifted by +6.8365 (+11.40%).

2021 Avg (October) 66.8145
2020 Avg (October) 59.9780

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 64.1228 62.5093 63.2659
February 64.4375 62.7523 63.7572
March 65.4655 63.6298 64.6578
April 66.1293 64.7839 65.3213
May 65.6955 64.1391 65.0099
June 65.1686 63.7466 64.6348
July 64.5534 61.8310 63.2272
August 64.1180 62.0781 62.9465
September 65.3021 63.6431 64.3345
October 67.6787 65.5439 66.8145
November 67.1406 63.8549 65.6411
December 65.8803 63.1219 64.6735