NOK to ERN Historical Rates

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

10-YEAR HIGH
1.6217 ERN
10-YEAR LOW
0.0848 ERN
10-YEAR AVERAGE
0.1362 ERN

10-Year NOK to ERN Performance & Macro Timing Review

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

Over the last 10 years, the NOK to ERN exchange rate has undergone significant macro fluctuations. The market reached its absolute decade peak on June 1, 2026, when the pair was valued at 1.6217. Conversely, the absolute lowest rate of the decade was recorded on March 21, 2020, dropping to a support floor of 0.0848.

This peak-to-trough range represents a total macro spread of 1.5369 ERN. From a long-term perspective, comparing the decade's oldest annual average of 0.1200 (in 2016) to the newest annual average of 0.6585 (in 2026), the exchange rate registered a net shift of +448.76%.

Analyzing macro structural support, the trading dynamics in the recent 5-year period averaged 0.1560, showing a variance of 0.0394 points compared to the older 5-year average of 0.1166.

10-Year Payout Timing Comparison

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

Decade Peak High 8,108 ERN
10-Year Average 681 ERN
Decade Trough Low 424 ERN
Macro Timing Impact: A difference of 7,684.53 ERN purely based on trade execution date over the last 10 years.

10-Year Macro Trend

Monthly average exchange rates over the last decade.

1.7743
-0.0655
201620182020202220242026

NOK to ERN 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 0.1166, compared to 0.1560 in the recent 5 years. This shows that the rate was stronger in the recent 5 years (post-5yr baseline) by a margin of 0.0394 points.

Older 5 Yrs Avg 0.1166
Recent 5 Yrs Avg 0.1560

Annual Volatility Extremes

Volatility

The most volatile year in the decade was 2026, with a trading range of 1.5228 ERN (High: 1.6217 / Low: 0.0989). Conversely, 2019 was the most stable year, with a range of 0.0104 ERN (High: 0.1188 / Low: 0.1084).

2026 Spread (Volatile) ±1.5228
2019 Spread (Stable) ±0.0104

Decade Growth & Declines

Macro Trends

Between 2016 and 2018, the exchange rate recorded its longest consecutive growth streak of the decade, climbing for 2 straight years. Conversely, the sharpest year-over-year decline occurred between 2021 and 2022, when the average rate fell by 0.0119 points.

Longest Streak 2 Yrs.
Sharpest YoY Drop -0.0119

10-Year Historical Baseline

YoY Baseline

Comparing the decade's oldest annual average (2016: 0.1200) against the newest annual average (2026: 0.6585), the exchange rate shifted by +0.5385 (+448.76%).

2016 Baseline Avg 0.1200
2026 Current Avg 0.6585

Recent 30 Days

Live daily mid-market rates for the past month.

Date Exchange Rate
2026-07-30 1.5619
2026-07-29 1.5508
2026-07-28 1.5515
2026-07-27 1.5575
2026-07-26 1.5661
2026-07-25 1.5663
2026-07-24 1.5634
2026-07-23 1.5630
2026-07-22 1.5605
2026-07-21 1.5561
2026-07-20 1.5531
2026-07-19 1.5514
2026-07-18 1.5549
2026-07-17 1.5526
2026-07-16 1.5517
2026-07-15 1.5490
2026-07-14 1.5432
2026-07-13 1.5335
2026-07-12 1.5340
2026-07-11 1.5333
2026-07-10 1.5389
2026-07-09 1.5398
2026-07-08 1.5333
2026-07-07 1.5307
2026-07-06 1.5269
2026-07-05 1.5248
2026-07-04 1.5242
2026-07-03 1.5258
2026-07-02 1.5194
2026-07-01 1.5114
2026-06-30 1.5115

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