YEARLY HIGH
1.0440 NOK
YEARLY LOW
0.9680 NOK
YEARLY AVERAGE
1.0022 NOK

2021 SEK to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SEK to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1.0440. Conversely, the yearly low was recorded on October 19, dropping to 0.9680.

This high-to-low spread represents a total annual volatility of 0.0760 NOK. From a start-to-finish perspective, comparing the January average rate of 1.0268 to the December average rate of 0.9865, the exchange rate registered a net change of -3.92% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.0440 was down 8.13% compared to the 2020 peak of 1.1364, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,220 NOK
2020 Average 5,118 NOK
Yearly Trough Low 4,840 NOK
Transaction Impact: A difference of 379.99 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.0317
0.9724
JanuMarcMayJulySeptNove

SEK 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 1.0052, compared to 0.9991 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0061 points.

H1 Avg (Jan–Jun) 1.0052
H2 Avg (Jul–Dec) 0.9991

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.0371 NOK (High: 1.0158 / Low: 0.9788). On the other end, June was the most stable month, with a tight range of 0.0086 NOK (High: 1.0074 / Low: 0.9988).

March Spread (Volatile) ±0.0371
June Spread (Stable) ±0.0086

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0252 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0252

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 1.0268) against the same month in 2020 (average: 0.9411), the exchange rate shifted by +0.0856 (+9.10%).

2021 Avg (January) 1.0268
2020 Avg (January) 0.9411

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.0440 1.0149 1.0268
February 1.0264 1.0120 1.0201
March 1.0158 0.9788 0.9985
April 0.9951 0.9766 0.9875
May 1.0084 0.9820 0.9952
June 1.0074 0.9988 1.0031
July 1.0348 1.0015 1.0171
August 1.0281 1.0052 1.0201
September 1.0148 0.9880 1.0025
October 0.9867 0.9680 0.9774
November 1.0030 0.9757 0.9912
December 1.0050 0.9704 0.9865