YEARLY HIGH
0.0159 NOK
YEARLY LOW
0.0140 NOK
YEARLY AVERAGE
0.0148 NOK

2021 SOS to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SOS to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 0.0159. Conversely, the yearly low was recorded on May 7, dropping to 0.0140.

This high-to-low spread represents a total annual volatility of 0.0019 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0147 to the December average rate of 0.0154, the exchange rate registered a net change of 5.18% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0159 was down 21.57% compared to the 2020 peak of 0.0203, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 79 NOK
2020 Average 81 NOK
Yearly Trough Low 70 NOK
Transaction Impact: A difference of 9.27 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0155
0.0142
JanuMarcMayJulySeptNove

SOS 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 0.0145, compared to 0.0151 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0145
H2 Avg (Jul–Dec) 0.0151

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0011 NOK (High: 0.0156 / Low: 0.0145). On the other end, May was the most stable month, with a tight range of 0.0004 NOK (High: 0.0144 / Low: 0.0140).

November Spread (Volatile) ±0.0011
May Spread (Stable) ±0.0004

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 August and September, when the average rate fell by 0.0004 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0154) against the same month in 2020 (average: 0.0150), the exchange rate shifted by +0.0004 (+2.99%).

2021 Avg (December) 0.0154
2020 Avg (December) 0.0150

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0149 0.0145 0.0147
February 0.0150 0.0144 0.0146
March 0.0149 0.0144 0.0147
April 0.0147 0.0141 0.0145
May 0.0144 0.0140 0.0143
June 0.0149 0.0142 0.0145
July 0.0155 0.0148 0.0151
August 0.0156 0.0150 0.0153
September 0.0151 0.0146 0.0149
October 0.0149 0.0143 0.0146
November 0.0156 0.0145 0.0151
December 0.0159 0.0151 0.0154