YEARLY HIGH
1.0503 NOK
YEARLY LOW
0.9343 NOK
YEARLY AVERAGE
0.9828 NOK

2021 SVC to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SVC to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 1.0503. Conversely, the yearly low was recorded on April 28, dropping to 0.9343.

This high-to-low spread represents a total annual volatility of 0.1160 NOK. From a start-to-finish perspective, comparing the January average rate of 0.9735 to the December average rate of 1.0253, the exchange rate registered a net change of 5.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.0503 was down 22.25% compared to the 2020 peak of 1.3508, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,252 NOK
2020 Average 5,383 NOK
Yearly Trough Low 4,671 NOK
Transaction Impact: A difference of 580.07 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.0329
0.9419
JanuMarcMayJulySeptNove

SVC 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 0.9655, compared to 1.0000 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0344 points.

H1 Avg (Jan–Jun) 0.9655
H2 Avg (Jul–Dec) 1.0000

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0742 NOK (High: 1.0370 / Low: 0.9628). On the other end, May was the most stable month, with a tight range of 0.0211 NOK (High: 0.9594 / Low: 0.9383).

November Spread (Volatile) ±0.0742
May Spread (Stable) ±0.0211

Growth Streaks & Declines

Trends

Between May and August, 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 September and October, when the average rate fell by 0.0222 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0222

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 1.0253) against the same month in 2020 (average: 0.9946), the exchange rate shifted by +0.0307 (+3.09%).

2021 Avg (December) 1.0253
2020 Avg (December) 0.9946

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9903 0.9604 0.9735
February 0.9898 0.9572 0.9721
March 0.9897 0.9605 0.9747
April 0.9780 0.9343 0.9597
May 0.9594 0.9383 0.9495
June 0.9910 0.9446 0.9638
July 1.0289 0.9789 1.0030
August 1.0338 0.9911 1.0120
September 1.0022 0.9792 0.9899
October 0.9867 0.9505 0.9678
November 1.0370 0.9628 1.0018
December 1.0503 1.0027 1.0253