2021 SZL to NOK Historical Review

YEARLY HIGH

0.6223 NOK

YEARLY LOW

0.5489 NOK

YEARLY AVERAGE

0.5825 NOK

2021 SZL to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SZL to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 17, valuing the pair at 0.6223. Conversely, the yearly low was recorded on November 1, dropping to 0.5489.

This high-to-low spread represents a total annual volatility of 0.0733 NOK. From a start-to-finish perspective, comparing the January average rate of 0.5647 to the December average rate of 0.5652, the exchange rate registered a net change of 0.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.6223 was down 8.31% compared to the 2020 peak of 0.6786, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,111 NOK

2020 Average 2,870 NOK

Yearly Trough Low 2,745 NOK

Transaction Impact: A difference of 366.73 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.6131

0.5603

JanuMarcMayJulySeptNove

SZL 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 0.5817, compared to 0.5833 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.5817

H2 Avg (Jul–Dec) 0.5833

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.0428 NOK (High: 0.6156 / Low: 0.5728). On the other end, April was the most stable month, with a tight range of 0.0172 NOK (High: 0.5882 / Low: 0.5710).

September Spread (Volatile) ±0.0428

April Spread (Stable) ±0.0172

Growth Streaks & Declines

Trends

Between March and June, 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 0.0265 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0265

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.6087) against the same month in 2020 (average: 0.5573), the exchange rate shifted by +0.0514 (+9.22%).

2021 Avg (June) 0.6087

2020 Avg (June) 0.5573

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5882	0.5490	0.5647
February	0.5860	0.5657	0.5759
March	0.5844	0.5498	0.5691
April	0.5882	0.5710	0.5813
May	0.6077	0.5744	0.5906
June	0.6223	0.5971	0.6087
July	0.6192	0.5938	0.6057
August	0.6135	0.5839	0.5981
September	0.6156	0.5728	0.5960
October	0.5780	0.5513	0.5694
November	0.5748	0.5489	0.5656
December	0.5776	0.5526	0.5652