ERN to NOK Historical Rates

Analyze long-term market trends and access daily historical data for the ERN/NOK pair.

10-YEAR HIGH
11.7965 NOK
10-YEAR LOW
0.6166 NOK
10-YEAR AVERAGE
9.1877 NOK

10-Year ERN to NOK Performance & Macro Timing Review

Analysis of key historical highlights and timing insights over the past decade

Over the last 10 years, the ERN to NOK exchange rate has undergone significant macro fluctuations. The market reached its absolute decade peak on March 20, 2020, when the pair was valued at 11.7965. Conversely, the absolute lowest rate of the decade was recorded on June 1, 2026, dropping to a support floor of 0.6166.

This peak-to-trough range represents a total macro spread of 11.1799 NOK. From a long-term perspective, comparing the decade's oldest annual average of 8.3371 (in 2016) to the newest annual average of 6.2127 (in 2026), the exchange rate registered a net shift of -25.48%.

Analyzing macro structural support, the trading dynamics in the recent 5-year period averaged 9.7719, showing a variance of 1.1600 points compared to the older 5-year average of 8.6119.

10-Year Payout Timing Comparison

Value generated converting a dynamic sum of 5,000 ERN over the decade:

Decade Peak High 58,983 NOK
10-Year Average 45,939 NOK
Decade Trough Low 3,083 NOK
Macro Timing Impact: A difference of 55,899.42 NOK purely based on trade execution date over the last 10 years.

10-Year Macro Trend

Monthly average exchange rates over the last decade.

12.4608
-0.4598
201620182020202220242026

ERN to NOK Macro Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Decade Halves Comparison

Macro Shift

The average exchange rate in the first 5 years of the decade was 8.6119, compared to 9.7719 in the recent 5 years. This shows that the rate was stronger in the recent 5 years (post-5yr baseline) by a margin of 1.1600 points.

Older 5 Yrs Avg 8.6119
Recent 5 Yrs Avg 9.7719

Annual Volatility Extremes

Volatility

The most volatile year in the decade was 2026, with a trading range of 9.4938 NOK (High: 10.1104 / Low: 0.6166). Conversely, 2016 was the most stable year, with a range of 0.7394 NOK (High: 8.7154 / Low: 7.9760).

2026 Spread (Volatile) ±9.4938
2016 Spread (Stable) ±0.7394

Decade Growth & Declines

Macro Trends

Between 2021 and 2024, the exchange rate recorded its longest consecutive growth streak of the decade, climbing for 3 straight years. Conversely, the sharpest year-over-year decline occurred between 2025 and 2026, when the average rate fell by 4.1774 points.

Longest Streak 3 Yrs.
Sharpest YoY Drop -4.1774

10-Year Historical Baseline

YoY Baseline

Comparing the decade's oldest annual average (2016: 8.3371) against the newest annual average (2026: 6.2127), the exchange rate shifted by -2.1244 (-25.48%).

2016 Baseline Avg 8.3371
2026 Current Avg 6.2127

Recent 30 Days

Live daily mid-market rates for the past month.

Date Exchange Rate
2026-07-31 0.6362
2026-07-30 0.6403
2026-07-29 0.6448
2026-07-28 0.6445
2026-07-27 0.6420
2026-07-26 0.6385
2026-07-25 0.6385
2026-07-24 0.6396
2026-07-23 0.6398
2026-07-22 0.6408
2026-07-21 0.6426
2026-07-20 0.6439
2026-07-19 0.6446
2026-07-18 0.6431
2026-07-17 0.6441
2026-07-16 0.6445
2026-07-15 0.6456
2026-07-14 0.6480
2026-07-13 0.6521
2026-07-12 0.6519
2026-07-11 0.6522
2026-07-10 0.6498
2026-07-09 0.6494
2026-07-08 0.6522
2026-07-07 0.6533
2026-07-06 0.6549
2026-07-05 0.6558
2026-07-04 0.6561
2026-07-03 0.6554
2026-07-02 0.6582
2026-07-01 0.6616

Browse by Year

Access full daily ledgers for specific calendar years.