YEARLY HIGH
71.2632 SOS
YEARLY LOW
62.9474 SOS
YEARLY AVERAGE
67.6237 SOS

2021 NOK to SOS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NOK to SOS exchange rate experienced significant fluctuation. The market reached its absolute peak on May 7, valuing the pair at 71.2632. Conversely, the yearly low was recorded on December 4, dropping to 62.9474.

This high-to-low spread represents a total annual volatility of 8.3159 SOS. From a start-to-finish perspective, comparing the January average rate of 68.1818 to the December average rate of 64.8302, the exchange rate registered a net change of -4.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 71.2632 was up 4.74% compared to the 2020 peak of 68.0377, 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 356,316 SOS
2020 Average 309,541 SOS
Yearly Trough Low 314,737 SOS
Transaction Impact: A difference of 41,579.49 SOS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

70.5250
64.3125
JanuMarcMayJulySeptNove

NOK to SOS 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 68.8251, compared to 66.4223 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.4028 points.

H1 Avg (Jan–Jun) 68.8251
H2 Avg (Jul–Dec) 66.4223

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 4.9337 SOS (High: 69.0274 / Low: 64.0937). On the other end, May was the most stable month, with a tight range of 1.9359 SOS (High: 71.2632 / Low: 69.3274).

November Spread (Volatile) ±4.9337
May Spread (Stable) ±1.9359

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 2.8679 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.8679

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 70.0073) against the same month in 2020 (average: 57.5572), the exchange rate shifted by +12.4502 (+21.63%).

2021 Avg (May) 70.0073
2020 Avg (May) 57.5572

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 69.1952 67.0051 68.1818
February 69.4343 66.7920 68.3124
March 69.3909 67.0614 68.2460
April 71.0837 68.0038 69.1745
May 71.2632 69.3274 70.0073
June 70.4276 67.0624 69.0283
July 67.5454 64.5432 66.1604
August 66.6956 63.9583 65.4281
September 68.2760 66.2584 67.0374
October 69.9270 67.3237 68.7152
November 69.0274 64.0937 66.3625
December 66.2642 62.9474 64.8302