2021 NOK to SEK Historical Review

YEARLY HIGH

1.0331 SEK

YEARLY LOW

0.9579 SEK

YEARLY AVERAGE

0.9981 SEK

2021 NOK to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 19, valuing the pair at 1.0331. Conversely, the yearly low was recorded on January 2, dropping to 0.9579.

This high-to-low spread represents a total annual volatility of 0.0752 SEK. From a start-to-finish perspective, comparing the January average rate of 0.9740 to the December average rate of 1.0138, the exchange rate registered a net change of 4.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.0331 was down 3.40% compared to the 2020 peak of 1.0694, 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 5,165 SEK

2020 Average 4,892 SEK

Yearly Trough Low 4,789 SEK

Transaction Impact: A difference of 376.02 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.0281

0.9691

JanuMarcMayJulySeptNove

NOK to SEK 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 0.9951, compared to 1.0012 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0061 points.

H1 Avg (Jan–Jun) 0.9951

H2 Avg (Jul–Dec) 1.0012

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0373 SEK (High: 1.0217 / Low: 0.9844). On the other end, June was the most stable month, with a tight range of 0.0085 SEK (High: 1.0012 / Low: 0.9926).

March Spread (Volatile) ±0.0373

June Spread (Stable) ±0.0085

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0142 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0142

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 1.0232) against the same month in 2020 (average: 0.9505), the exchange rate shifted by +0.0727 (+7.65%).

2021 Avg (October) 1.0232

2020 Avg (October) 0.9505

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9853	0.9579	0.9740
February	0.9881	0.9743	0.9803
March	1.0217	0.9844	1.0016
April	1.0239	1.0050	1.0127
May	1.0184	0.9916	1.0049
June	1.0012	0.9926	0.9970
July	0.9985	0.9664	0.9833
August	0.9948	0.9726	0.9803
September	1.0121	0.9854	0.9976
October	1.0331	1.0135	1.0232
November	1.0249	0.9970	1.0090
December	1.0305	0.9950	1.0138