2021 ZAR to NOK Historical Review

YEARLY HIGH

0.6188 NOK

YEARLY LOW

0.5458 NOK

YEARLY AVERAGE

0.5820 NOK

2021 ZAR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ZAR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 0.6188. Conversely, the yearly low was recorded on November 1, dropping to 0.5458.

This high-to-low spread represents a total annual volatility of 0.0730 NOK. From a start-to-finish perspective, comparing the January average rate of 0.5639 to the December average rate of 0.5651, the exchange rate registered a net change of 0.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.6188 was down 7.44% compared to the 2020 peak of 0.6686, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 30,942 NOK

2020 Average 28,675 NOK

Yearly Trough Low 27,291 NOK

Transaction Impact: A difference of 3,650.91 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.6100

0.5592

JanuMarcMayJulySeptNove

ZAR to NOK 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 0.5813, compared to 0.5826 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.5813

H2 Avg (Jul–Dec) 0.5826

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0427 NOK (High: 0.5888 / Low: 0.5461). On the other end, February was the most stable month, with a tight range of 0.0161 NOK (High: 0.5821 / Low: 0.5660).

January Spread (Volatile) ±0.0427

February Spread (Stable) ±0.0161

Growth Streaks & Declines

Trends

Between March and June, 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 September and October, when the average rate fell by 0.0253 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0253

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.6058) against the same month in 2020 (average: 0.5574), the exchange rate shifted by +0.0484 (+8.68%).

2021 Avg (June) 0.6058

2020 Avg (June) 0.5574

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5888	0.5461	0.5639
February	0.5821	0.5660	0.5761
March	0.5816	0.5496	0.5691
April	0.5916	0.5726	0.5820
May	0.6081	0.5749	0.5912
June	0.6188	0.5965	0.6058
July	0.6153	0.5959	0.6048
August	0.6158	0.5884	0.5987
September	0.6138	0.5730	0.5945
October	0.5808	0.5509	0.5692
November	0.5726	0.5458	0.5635
December	0.5742	0.5507	0.5651

2021 ZAR నుండి NOK చారిత్రక సమీక్ష