YEARLY HIGH
2.5766 SRD
YEARLY LOW
1.6331 SRD
YEARLY AVERAGE
2.1098 SRD

2021 NOK to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on October 20, valuing the pair at 2.5766. Conversely, the yearly low was recorded on January 27, dropping to 1.6331.

This high-to-low spread represents a total annual volatility of 0.9435 SRD. From a start-to-finish perspective, comparing the January average rate of 1.6609 to the December average rate of 2.3620, the exchange rate registered a net change of 42.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.5766 was up 55.38% compared to the 2020 peak of 1.6583, 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 12,883 SRD
2020 Average 4,994 SRD
Yearly Trough Low 8,165 SRD
Transaction Impact: A difference of 4,717.46 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.6182
1.5730
JanuMarcMayJulySeptNove

NOK to SRD 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: JanтАУJun) was 1.7791, compared to 2.4405 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.6614 points.

H1 Avg (JanтАУJun) 1.7791
H2 Avg (JulтАУDec) 2.4405

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.8468 SRD (High: 2.5363 / Low: 1.6895). On the other end, May was the most stable month, with a tight range of 0.0386 SRD (High: 1.7243 / Low: 1.6857).

June Spread (Volatile) ┬▒0.8468
May Spread (Stable) ┬▒0.0386

Growth Streaks & Declines

Trends

Between March and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0928 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0928

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 2.5311) against the same month in 2020 (average: 1.5230), the exchange rate shifted by +1.0081 (+66.19%).

2021 Avg (October) 2.5311
2020 Avg (October) 1.5230

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рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 1.6842 1.6331 1.6609
February 1.6903 1.6346 1.6638
March 1.6847 1.6348 1.6601
April 1.7315 1.6588 1.6861
May 1.7243 1.6857 1.7038
June 2.5363 1.6895 2.3000
July 2.4487 2.3661 2.4117
August 2.4555 2.3645 2.4160
September 2.5002 2.4380 2.4676
October 2.5766 2.4790 2.5311
November 2.5531 2.3700 2.4548
December 2.4247 2.1944 2.3620