YEARLY HIGH
0.7175 NOK
YEARLY LOW
0.3903 NOK
YEARLY AVERAGE
0.5522 NOK

2021 SCR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SCR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 0.7175. Conversely, the yearly low was recorded on January 10, dropping to 0.3903.

This high-to-low spread represents a total annual volatility of 0.3273 NOK. From a start-to-finish perspective, comparing the January average rate of 0.4014 to the December average rate of 0.6672, the exchange rate registered a net change of 66.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.7175 was down 16.97% compared to the 2020 peak of 0.8642, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SCR based on timing:

Yearly Peak High 3,588 NOK
2020 Average 2,811 NOK
Yearly Trough Low 1,951 NOK
Transaction Impact: A difference of 1,636.42 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.6937
0.3749
JanuMarcMayJulySeptNove

SCR to NOK 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 0.4657, compared to 0.6387 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1730 points.

H1 Avg (Jan–Jun) 0.4657
H2 Avg (Jul–Dec) 0.6387

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.1904 NOK (High: 0.6007 / Low: 0.4102). On the other end, February was the most stable month, with a tight range of 0.0168 NOK (High: 0.4099 / Low: 0.3930).

April Spread (Volatile) ±0.1904
February Spread (Stable) ±0.0168

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0464 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0464

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.6672) against the same month in 2020 (average: 0.4106), the exchange rate shifted by +0.2565 (+62.47%).

2021 Avg (December) 0.6672
2020 Avg (December) 0.4106

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4087 0.3903 0.4014
February 0.4099 0.3930 0.4019
March 0.4236 0.3923 0.4029
April 0.6007 0.4102 0.5178
May 0.5632 0.5013 0.5278
June 0.5800 0.5009 0.5424
July 0.6437 0.5308 0.5944
August 0.6958 0.5814 0.6463
September 0.6804 0.6093 0.6603
October 0.6646 0.5636 0.6139
November 0.7095 0.5952 0.6501
December 0.7175 0.5957 0.6672