YEARLY HIGH
1.0703 SVC
YEARLY LOW
0.9521 SVC
YEARLY AVERAGE
1.0182 SVC

2021 NOK to SVC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to SVC exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 1.0703. Conversely, the yearly low was recorded on December 4, dropping to 0.9521.

This high-to-low spread represents a total annual volatility of 0.1182 SVC. From a start-to-finish perspective, comparing the January average rate of 1.0273 to the December average rate of 0.9755, the exchange rate registered a net change of -5.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.0703 was up 4.40% compared to the 2020 peak of 1.0252, 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 5,352 SVC
2020 Average 4,662 SVC
Yearly Trough Low 4,760 SVC
Transaction Impact: A difference of 591.12 SVC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.0610
0.9677
JanuMarcMayJulySeptNove

NOK to SVC 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 1.0359, compared to 1.0006 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0353 points.

H1 Avg (JanтАУJun) 1.0359
H2 Avg (JulтАУDec) 1.0006

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0744 SVC (High: 1.0387 / Low: 0.9643). On the other end, September was the most stable month, with a tight range of 0.0234 SVC (High: 1.0212 / Low: 0.9979).

November Spread (Volatile) ┬▒0.0744
September Spread (Stable) ┬▒0.0234

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0407 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0407

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 1.0422) against the same month in 2020 (average: 0.8395), the exchange rate shifted by +0.2026 (+24.14%).

2021 Avg (April) 1.0422
2020 Avg (April) 0.8395

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

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Month High Low Average
January 1.0412 1.0098 1.0273
February 1.0448 1.0103 1.0287
March 1.0411 1.0104 1.0261
April 1.0703 1.0225 1.0422
May 1.0658 1.0423 1.0532
June 1.0586 1.0091 1.0379
July 1.0216 0.9719 0.9972
August 1.0090 0.9673 0.9883
September 1.0212 0.9979 1.0102
October 1.0521 1.0134 1.0334
November 1.0387 0.9643 0.9987
December 0.9973 0.9521 0.9755