YEARLY HIGH
286.2238 SYP
YEARLY LOW
59.1692 SYP
YEARLY AVERAGE
142.8899 SYP

2021 NOK to SYP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to SYP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 286.2238. Conversely, the yearly low was recorded on January 27, dropping to 59.1692.

This high-to-low spread represents a total annual volatility of 227.0547 SYP. From a start-to-finish perspective, comparing the January average rate of 60.1823 to the December average rate of 280.0617, the exchange rate registered a net change of 365.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 286.2238 was up 376.34% compared to the 2020 peak of 60.0884, 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 1,431,119 SYP
2020 Average 273,458 SYP
Yearly Trough Low 295,846 SYP
Transaction Impact: A difference of 1,135,273.25 SYP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

302.0496
38.1944
JanuMarcMayJulySeptNove

NOK to SYP 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 109.3557, compared to 176.4240 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 67.0683 points.

H1 Avg (Jan–Jun) 109.3557
H2 Avg (Jul–Dec) 176.4240

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 139.6181 SYP (High: 282.2463 / Low: 142.6282). On the other end, January was the most stable month, with a tight range of 1.8520 SYP (High: 61.0211 / Low: 59.1692).

November Spread (Volatile) ±139.6181
January Spread (Stable) ±1.8520

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 5.7986 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -5.7986

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 280.0617) against the same month in 2020 (average: 58.9335), the exchange rate shifted by +221.1281 (+375.22%).

2021 Avg (December) 280.0617
2020 Avg (December) 58.9335

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 61.0211 59.1692 60.1823
February 61.2336 59.2208 60.2791
March 147.1402 59.7185 85.3009
April 153.8477 147.3860 149.8101
May 153.2025 149.7753 151.3901
June 152.1637 145.0351 149.1716
July 146.8771 139.6537 143.3730
August 145.0231 139.1166 142.0417
September 146.7757 143.3553 145.1804
October 151.1357 145.6769 148.5179
November 282.2463 142.6282 199.3696
December 286.2238 273.5438 280.0617