YEARLY HIGH
0.3394 NOK
YEARLY LOW
0.2942 NOK
YEARLY AVERAGE
0.3154 NOK

2021 UAH to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the UAH to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 0.3394. Conversely, the yearly low was recorded on April 28, dropping to 0.2942.

This high-to-low spread represents a total annual volatility of 0.0452 NOK. From a start-to-finish perspective, comparing the January average rate of 0.3020 to the December average rate of 0.3297, the exchange rate registered a net change of 9.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.3394 was down 21.25% compared to the 2020 peak of 0.4310, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 UAH based on timing:

Yearly Peak High 1,697 NOK
2020 Average 1,751 NOK
Yearly Trough Low 1,471 NOK
Transaction Impact: A difference of 226.20 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.3338
0.2979
JanuMarcMayJulySeptNove

UAH 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 0.3043, compared to 0.3265 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0223 points.

H1 Avg (Jan–Jun) 0.3043
H2 Avg (Jul–Dec) 0.3265

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 0.0172 NOK (High: 0.3308 / Low: 0.3137). On the other end, March was the most stable month, with a tight range of 0.0085 NOK (High: 0.3116 / Low: 0.3031).

July Spread (Volatile) ±0.0172
March Spread (Stable) ±0.0085

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0066 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0066

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2021: 0.3307) against the same month in 2020 (average: 0.3252), the exchange rate shifted by +0.0056 (+1.71%).

2021 Avg (August) 0.3307
2020 Avg (August) 0.3252

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3075 0.2973 0.3020
February 0.3098 0.2996 0.3051
March 0.3116 0.3031 0.3068
April 0.3074 0.2942 0.3009
May 0.3061 0.2958 0.3010
June 0.3189 0.3031 0.3099
July 0.3308 0.3137 0.3227
August 0.3394 0.3229 0.3307
September 0.3298 0.3204 0.3241
October 0.3264 0.3164 0.3212
November 0.3361 0.3202 0.3308
December 0.3370 0.3222 0.3297