YEARLY HIGH
1295.3113 SLL
YEARLY LOW
1134.0183 SLL
YEARLY AVERAGE
1212.5292 SLL

2021 NOK to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on October 28, valuing the pair at 1295.3113. Conversely, the yearly low was recorded on August 19, dropping to 1134.0183.

This high-to-low spread represents a total annual volatility of 161.2930 SLL. From a start-to-finish perspective, comparing the January average rate of 1195.2363 to the December average rate of 1251.9440, the exchange rate registered a net change of 4.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1295.3113 was up 9.53% compared to the 2020 peak of 1182.5771, 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 6,476,557 SLL
2020 Average 4,928,410 SLL
Yearly Trough Low 5,670,092 SLL
Transaction Impact: A difference of 806,464.95 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1265.4634
1150.3843
JanuMarcMayJulySeptNove

NOK to SLL 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 1210.3485, compared to 1214.7100 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.3615 points.

H1 Avg (Jan–Jun) 1210.3485
H2 Avg (Jul–Dec) 1214.7100

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 78.5574 SLL (High: 1289.8585 / Low: 1211.3011). On the other end, May was the most stable month, with a tight range of 26.7895 SLL (High: 1246.0284 / Low: 1219.2388).

December Spread (Volatile) ±78.5574
May Spread (Stable) ±26.7895

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 50.5406 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -50.5406

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 1255.8735) against the same month in 2020 (average: 1064.8097), the exchange rate shifted by +191.0638 (+17.94%).

2021 Avg (October) 1255.8735
2020 Avg (October) 1064.8097

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1220.1771 1169.8673 1195.2363
February 1218.3468 1177.6612 1199.8669
March 1212.4284 1180.8430 1197.9399
April 1250.3814 1199.2684 1217.4394
May 1246.0284 1219.2388 1231.8556
June 1249.9788 1190.7084 1219.7528
July 1198.1083 1138.5622 1169.2122
August 1189.6733 1134.0183 1159.9742
September 1227.6055 1184.4592 1201.5031
October 1295.3113 1225.4228 1255.8735
November 1282.9853 1213.0424 1249.7529
December 1289.8585 1211.3011 1251.9440