NOK to ISK Historical Rates

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

10-YEAR HIGH
15.7497 ISK
10-YEAR LOW
11.5718 ISK
10-YEAR AVERAGE
13.4909 ISK

10-Year NOK to ISK Performance & Macro Timing Review

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

Over the last 10 years, the NOK to ISK exchange rate has undergone significant macro fluctuations. The market reached its absolute decade peak on August 31, 2020, when the pair was valued at 15.7497. Conversely, the absolute lowest rate of the decade was recorded on June 6, 2017, dropping to a support floor of 11.5718.

This peak-to-trough range represents a total macro spread of 4.1779 ISK. From a long-term perspective, comparing the decade's oldest annual average of 13.7347 (in 2016) to the newest annual average of 12.8704 (in 2026), the exchange rate registered a net shift of -6.29%.

Analyzing macro structural support, the trading dynamics in the recent 5-year period averaged 13.2033, showing a variance of 0.5711 points compared to the older 5-year average of 13.7744.

10-Year Payout Timing Comparison

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

Decade Peak High 78,749 ISK
10-Year Average 67,455 ISK
Decade Trough Low 57,859 ISK
Macro Timing Impact: A difference of 20,889.45 ISK purely based on trade execution date over the last 10 years.

10-Year Macro Trend

Monthly average exchange rates over the last decade.

16.1515
11.3305
201620182020202220242026

NOK to ISK 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 13.7744, compared to 13.2033 in the recent 5 years. This shows that the rate was stronger in the older 5 years by a margin of 0.5711 points.

Older 5 Yrs Avg 13.7744
Recent 5 Yrs Avg 13.2033

Annual Volatility Extremes

Volatility

The most volatile year in the decade was 2020, with a trading range of 3.8208 ISK (High: 15.7497 / Low: 11.9289). Conversely, 2025 was the most stable year, with a range of 0.8447 ISK (High: 12.7153 / Low: 11.8706).

2020 Spread (Volatile) ±3.8208
2025 Spread (Stable) ±0.8447

Decade Growth & Declines

Macro Trends

Between 2017 and 2021, the exchange rate recorded its longest consecutive growth streak of the decade, climbing for 4 straight years. Conversely, the sharpest year-over-year decline occurred between 2022 and 2023, when the average rate fell by 1.0212 points.

Longest Streak 4 Yrs.
Sharpest YoY Drop -1.0212

10-Year Historical Baseline

YoY Baseline

Comparing the decade's oldest annual average (2016: 13.7347) against the newest annual average (2026: 12.8704), the exchange rate shifted by -0.8643 (-6.29%).

2016 Baseline Avg 13.7347
2026 Current Avg 12.8704

Recent 30 Days

Live daily mid-market rates for the past month.

Date Exchange Rate
2026-07-30 12.9644
2026-07-29 12.9010
2026-07-28 12.9676
2026-07-27 13.0239
2026-07-26 13.1259
2026-07-25 13.1356
2026-07-24 13.1075
2026-07-23 13.1010
2026-07-22 13.0553
2026-07-21 12.9997
2026-07-20 12.9757
2026-07-19 12.9538
2026-07-18 12.9944
2026-07-17 12.9668
2026-07-16 12.9290
2026-07-15 12.9393
2026-07-14 12.9181
2026-07-13 12.8487
2026-07-12 12.8679
2026-07-11 12.8432
2026-07-10 12.8719
2026-07-09 12.8705
2026-07-08 12.8431
2026-07-07 12.8395
2026-07-06 12.8254
2026-07-05 12.7854
2026-07-04 12.7954
2026-07-03 12.7929
2026-07-02 12.7627
2026-07-01 12.7180
2026-06-30 12.7137

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