YEARLY HIGH
2.4484 NOK
YEARLY LOW
2.1796 NOK
YEARLY AVERAGE
2.2926 NOK

2021 SAR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SAR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 2.4484. Conversely, the yearly low was recorded on April 28, dropping to 2.1796.

This high-to-low spread represents a total annual volatility of 0.2689 NOK. From a start-to-finish perspective, comparing the January average rate of 2.2719 to the December average rate of 2.3909, the exchange rate registered a net change of 5.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.4484 was down 22.00% compared to the 2020 peak of 3.1391, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 12,242 NOK
2020 Average 12,550 NOK
Yearly Trough Low 10,898 NOK
Transaction Impact: A difference of 1,344.43 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.4085
2.1976
JanuMarcMayJulySeptNove

SAR 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 2.2527, compared to 2.3325 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0798 points.

H1 Avg (Jan–Jun) 2.2527
H2 Avg (Jul–Dec) 2.3325

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.1738 NOK (High: 2.4193 / Low: 2.2455). On the other end, May was the most stable month, with a tight range of 0.0503 NOK (High: 2.2391 / Low: 2.1887).

November Spread (Volatile) ±0.1738
May Spread (Stable) ±0.0503

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 0.0522 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0522

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 2.3909) against the same month in 2020 (average: 2.3199), the exchange rate shifted by +0.0710 (+3.06%).

2021 Avg (December) 2.3909
2020 Avg (December) 2.3199

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3107 2.2400 2.2719
February 2.3087 2.2328 2.2682
March 2.3085 2.2397 2.2733
April 2.2752 2.1796 2.2386
May 2.2391 2.1887 2.2152
June 2.3128 2.2037 2.2489
July 2.4008 2.2833 2.3390
August 2.4108 2.3123 2.3611
September 2.3383 2.2841 2.3096
October 2.3014 2.2171 2.2574
November 2.4193 2.2455 2.3369
December 2.4484 2.3382 2.3909