YEARLY HIGH
0.0169 NOK
YEARLY LOW
0.0035 NOK
YEARLY AVERAGE
0.0086 NOK

2021 SYP to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SYP to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 0.0169. Conversely, the yearly low was recorded on December 29, dropping to 0.0035.

This high-to-low spread represents a total annual volatility of 0.0134 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0166 to the December average rate of 0.0036, the exchange rate registered a net change of -78.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0169 was down 26.24% compared to the 2020 peak of 0.0229, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 85 NOK
2020 Average 92 NOK
Yearly Trough Low 17 NOK
Transaction Impact: A difference of 67.03 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0179
0.0023
JanuMarcMayJulySeptNove

SYP 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: JanтАУJun) was 0.0111, compared to 0.0061 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.0050 points.

H1 Avg (JanтАУJun) 0.0111
H2 Avg (JulтАУDec) 0.0061

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0099 NOK (High: 0.0167 / Low: 0.0068). On the other end, May was the most stable month, with a tight range of 0.0001 NOK (High: 0.0067 / Low: 0.0065).

March Spread (Volatile) ┬▒0.0099
May Spread (Stable) ┬▒0.0001

Growth Streaks & Declines

Trends

Between May and August, 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 March and April, when the average rate fell by 0.0069 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0069

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0166) against the same month in 2020 (average: 0.0174), the exchange rate shifted by -0.0008 (-4.32%).

2021 Avg (January) 0.0166
2020 Avg (January) 0.0174

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

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

Month High Low Average
January 0.0169 0.0164 0.0166
February 0.0169 0.0163 0.0166
March 0.0167 0.0068 0.0136
April 0.0068 0.0065 0.0067
May 0.0067 0.0065 0.0066
June 0.0069 0.0066 0.0067
July 0.0072 0.0068 0.0070
August 0.0072 0.0069 0.0070
September 0.0070 0.0068 0.0069
October 0.0069 0.0066 0.0067
November 0.0070 0.0035 0.0055
December 0.0037 0.0035 0.0036