NOK to GEL Historical Rates

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

10-YEAR HIGH
0.4227 GEL
10-YEAR LOW
0.2300 GEL
10-YEAR AVERAGE
0.2989 GEL

10-Year NOK to GEL Performance & Macro Timing Review

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

Over the last 10 years, the NOK to GEL exchange rate has undergone significant macro fluctuations. The market reached its absolute decade peak on April 28, 2021, when the pair was valued at 0.4227. Conversely, the absolute lowest rate of the decade was recorded on May 2, 2023, dropping to a support floor of 0.2300.

This peak-to-trough range represents a total macro spread of 0.1927 GEL. From a long-term perspective, comparing the decade's oldest annual average of 0.2905 (in 2016) to the newest annual average of 0.2773 (in 2026), the exchange rate registered a net shift of -4.53%.

Analyzing macro structural support, the trading dynamics in the recent 5-year period averaged 0.2761, showing a variance of 0.0452 points compared to the older 5-year average of 0.3214.

10-Year Payout Timing Comparison

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

Decade Peak High 2,113 GEL
10-Year Average 1,495 GEL
Decade Trough Low 1,150 GEL
Macro Timing Impact: A difference of 963.45 GEL purely based on trade execution date over the last 10 years.

10-Year Macro Trend

Monthly average exchange rates over the last decade.

0.4341
0.2150
201620182020202220242026

NOK to GEL 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 0.3214, compared to 0.2761 in the recent 5 years. This shows that the rate was stronger in the older 5 years by a margin of 0.0452 points.

Older 5 Yrs Avg 0.3214
Recent 5 Yrs Avg 0.2761

Annual Volatility Extremes

Volatility

The most volatile year in the decade was 2022, with a trading range of 0.1254 GEL (High: 0.3834 / Low: 0.2580). Conversely, 2026 was the most stable year, with a range of 0.0231 GEL (High: 0.2892 / Low: 0.2660).

2022 Spread (Volatile) ±0.1254
2026 Spread (Stable) ±0.0231

Decade Growth & Declines

Macro Trends

Between 2016 and 2021, the exchange rate recorded its longest consecutive growth streak of the decade, climbing for 5 straight years. Conversely, the sharpest year-over-year decline occurred between 2021 and 2022, when the average rate fell by 0.0694 points.

Longest Streak 5 Yrs.
Sharpest YoY Drop -0.0694

10-Year Historical Baseline

YoY Baseline

Comparing the decade's oldest annual average (2016: 0.2905) against the newest annual average (2026: 0.2773), the exchange rate shifted by -0.0132 (-4.53%).

2016 Baseline Avg 0.2905
2026 Current Avg 0.2773

Recent 30 Days

Live daily mid-market rates for the past month.

Date Exchange Rate
2026-08-01 0.2766
2026-07-31 0.2746
2026-07-30 0.2728
2026-07-29 0.2714
2026-07-28 0.2710
2026-07-27 0.2726
2026-07-26 0.2741
2026-07-25 0.2741
2026-07-24 0.2737
2026-07-23 0.2740
2026-07-22 0.2727
2026-07-21 0.2721
2026-07-20 0.2718
2026-07-19 0.2715
2026-07-18 0.2721
2026-07-17 0.2717
2026-07-16 0.2711
2026-07-15 0.2706
2026-07-14 0.2708
2026-07-13 0.2704
2026-07-12 0.2705
2026-07-11 0.2704
2026-07-10 0.2709
2026-07-09 0.2710
2026-07-08 0.2703
2026-07-07 0.2691
2026-07-06 0.2681
2026-07-05 0.2678
2026-07-04 0.2678
2026-07-03 0.2680

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