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PEN to NOK Historical Rates

Analyze long-term market trends and access daily historical data for the PEN/NOK pair.

10-YEAR HIGH
3.3671 NOK
10-YEAR LOW
2.0644 NOK
10-YEAR AVERAGE
2.6348 NOK

10-Year PEN to NOK Performance & Macro Timing Review

Analysis of key historical highlights and timing insights over the past decade

Over the last 10 years, the PEN to NOK exchange rate has undergone significant macro fluctuations. The market reached its absolute decade peak on March 20, 2020, when the pair was valued at 3.3671. Conversely, the absolute lowest rate of the decade was recorded on October 5, 2021, dropping to a support floor of 2.0644.

This peak-to-trough range represents a total macro spread of 1.3027 NOK. From a long-term perspective, comparing the decade's oldest annual average of 2.4677 (in 2016) to the newest annual average of 2.8392 (in 2026), the exchange rate registered a net shift of +15.05%.

Analyzing macro structural support, the trading dynamics in the recent 5-year period averaged 2.7313, showing a variance of 0.1915 points compared to the older 5-year average of 2.5398.

10-Year Payout Timing Comparison

Value generated converting a dynamic sum of 5,000 PEN over the decade:

Decade Peak High 16,835 NOK
10-Year Average 13,174 NOK
Decade Trough Low 10,322 NOK
Macro Timing Impact: A difference of 6,513.27 NOK purely based on trade execution date over the last 10 years.

10-Year Macro Trend

Monthly average exchange rates over the last decade.

3.1366
2.0244
201620182020202220242026

PEN to NOK Macro Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Decade Halves Comparison

Macro Shift

The average exchange rate in the first 5 years of the decade was 2.5398, compared to 2.7313 in the recent 5 years. This shows that the rate was stronger in the recent 5 years (post-5yr baseline) by a margin of 0.1915 points.

Older 5 Yrs Avg 2.5398
Recent 5 Yrs Avg 2.7313

Annual Volatility Extremes

Volatility

The most volatile year in the decade was 2020, with a trading range of 1.0092 NOK (High: 3.3671 / Low: 2.3578). Conversely, 2016 was the most stable year, with a range of 0.2355 NOK (High: 2.5928 / Low: 2.3573).

2020 Spread (Volatile) ±1.0092
2016 Spread (Stable) ±0.2355

Decade Growth & Declines

Macro Trends

Between 2021 and 2025, the exchange rate recorded its longest consecutive growth streak of the decade, climbing for 4 straight years. Conversely, the sharpest year-over-year decline occurred between 2020 and 2021, when the average rate fell by 0.4798 points.

Longest Streak 4 Yrs.
Sharpest YoY Drop -0.4798

10-Year Historical Baseline

YoY Baseline

Comparing the decade's oldest annual average (2016: 2.4677) against the newest annual average (2026: 2.8392), the exchange rate shifted by +0.3715 (+15.05%).

2016 Baseline Avg 2.4677
2026 Current Avg 2.8392

Recent 30 Days

Live daily mid-market rates for the past month.

Date Exchange Rate
2026-07-31 2.8274
2026-07-30 2.8469
2026-07-29 2.8489
2026-07-28 2.8400
2026-07-27 2.8311
2026-07-26 2.8136
2026-07-25 2.8134
2026-07-24 2.8201
2026-07-23 2.8259
2026-07-22 2.8263
2026-07-21 2.8383
2026-07-20 2.8496
2026-07-19 2.8537
2026-07-18 2.8467
2026-07-17 2.8487
2026-07-16 2.8540
2026-07-15 2.8448
2026-07-14 2.8435
2026-07-13 2.8691
2026-07-12 2.8757
2026-07-11 2.8836
2026-07-10 2.8695
2026-07-09 2.8638
2026-07-08 2.8719
2026-07-07 2.8829
2026-07-06 2.8850
2026-07-05 2.8902
2026-07-04 2.8905
2026-07-03 2.8866
2026-07-02 2.8901
2026-07-01 2.9062

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