2021 NOK to SAR Historical Review

YEARLY HIGH

0.4588 SAR

YEARLY LOW

0.4084 SAR

YEARLY AVERAGE

0.4365 SAR

2021 NOK to SAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to SAR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 0.4588. Conversely, the yearly low was recorded on December 4, dropping to 0.4084.

This high-to-low spread represents a total annual volatility of 0.0504 SAR. From a start-to-finish perspective, comparing the January average rate of 0.4402 to the December average rate of 0.4183, the exchange rate registered a net change of -4.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.4588 was up 4.38% compared to the 2020 peak of 0.4396, 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 2,294 SAR

2020 Average 1,999 SAR

Yearly Trough Low 2,042 SAR

Transaction Impact: A difference of 251.93 SAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.4548

0.4150

JanuMarcMayJulySeptNove

NOK to SAR 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: Jan–Jun) was 0.4440, compared to 0.4290 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0151 points.

H1 Avg (Jan–Jun) 0.4440

H2 Avg (Jul–Dec) 0.4290

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0320 SAR (High: 0.4453 / Low: 0.4133). On the other end, September was the most stable month, with a tight range of 0.0101 SAR (High: 0.4378 / Low: 0.4277).

November Spread (Volatile) ±0.0320

September Spread (Stable) ±0.0101

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 0.0172 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0172

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.4468) against the same month in 2020 (average: 0.3609), the exchange rate shifted by +0.0859 (+23.80%).

2021 Avg (April) 0.4468

2020 Avg (April) 0.3609

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4464	0.4328	0.4402
February	0.4479	0.4331	0.4409
March	0.4465	0.4332	0.4399
April	0.4588	0.4395	0.4468
May	0.4569	0.4466	0.4515
June	0.4538	0.4324	0.4448
July	0.4380	0.4165	0.4276
August	0.4325	0.4148	0.4236
September	0.4378	0.4277	0.4330
October	0.4510	0.4345	0.4431
November	0.4453	0.4133	0.4282
December	0.4277	0.4084	0.4183