YEARLY HIGH
0.9751 SBD
YEARLY LOW
0.8791 SBD
YEARLY AVERAGE
0.9335 SBD

2021 NOK to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 28, valuing the pair at 0.9751. Conversely, the yearly low was recorded on December 4, dropping to 0.8791.

This high-to-low spread represents a total annual volatility of 0.0961 SBD. From a start-to-finish perspective, comparing the January average rate of 0.9393 to the December average rate of 0.9016, the exchange rate registered a net change of -4.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.9751 was up 2.98% compared to the 2020 peak of 0.9469, 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 4,876 SBD
2020 Average 4,385 SBD
Yearly Trough Low 4,395 SBD
Transaction Impact: A difference of 480.35 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.9652
0.8959
JanuMarcMayJulySeptNove

NOK to SBD 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 0.9458, compared to 0.9212 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0246 points.

H1 Avg (Jan–Jun) 0.9458
H2 Avg (Jul–Dec) 0.9212

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0642 SBD (High: 0.9529 / Low: 0.8887). On the other end, September was the most stable month, with a tight range of 0.0215 SBD (High: 0.9405 / Low: 0.9191).

November Spread (Volatile) ±0.0642
September Spread (Stable) ±0.0215

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 October and November, when the average rate fell by 0.0331 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0331

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.9511) against the same month in 2020 (average: 0.7978), the exchange rate shifted by +0.1533 (+19.21%).

2021 Avg (April) 0.9511
2020 Avg (April) 0.7978

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9569 0.9247 0.9393
February 0.9531 0.9217 0.9409
March 0.9568 0.9204 0.9355
April 0.9751 0.9361 0.9511
May 0.9713 0.9486 0.9594
June 0.9660 0.9220 0.9484
July 0.9375 0.8917 0.9166
August 0.9295 0.8905 0.9096
September 0.9405 0.9191 0.9303
October 0.9685 0.9339 0.9510
November 0.9529 0.8887 0.9179
December 0.9232 0.8791 0.9016