YEARLY HIGH
0.6123 NOK
YEARLY LOW
0.3881 NOK
YEARLY AVERAGE
0.4910 NOK

2021 SRD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SRD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 27, valuing the pair at 0.6123. Conversely, the yearly low was recorded on October 20, dropping to 0.3881.

This high-to-low spread represents a total annual volatility of 0.2242 NOK. From a start-to-finish perspective, comparing the January average rate of 0.6021 to the December average rate of 0.4236, the exchange rate registered a net change of -29.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.6123 was down 61.29% compared to the 2020 peak of 1.5817, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,062 NOK
2020 Average 5,522 NOK
Yearly Trough Low 1,941 NOK
Transaction Impact: A difference of 1,121.15 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.6231
0.3744
JanuMarcMayJulySeptNove

SRD 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 0.5720, compared to 0.4100 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1619 points.

H1 Avg (Jan–Jun) 0.5720
H2 Avg (Jul–Dec) 0.4100

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.1976 NOK (High: 0.5919 / Low: 0.3943). On the other end, September was the most stable month, with a tight range of 0.0102 NOK (High: 0.4102 / Low: 0.4000).

June Spread (Volatile) ±0.1976
September Spread (Stable) ±0.0102

Growth Streaks & Declines

Trends

Between October and December, 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 May and June, when the average rate fell by 0.1409 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1409

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.6021) against the same month in 2020 (average: 1.1992), the exchange rate shifted by -0.5971 (-49.79%).

2021 Avg (January) 0.6021
2020 Avg (January) 1.1992

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6123 0.5937 0.6021
February 0.6118 0.5916 0.6011
March 0.6117 0.5936 0.6024
April 0.6029 0.5775 0.5932
May 0.5932 0.5799 0.5869
June 0.5919 0.3943 0.4460
July 0.4226 0.4084 0.4147
August 0.4229 0.4072 0.4140
September 0.4102 0.4000 0.4053
October 0.4034 0.3881 0.3951
November 0.4219 0.3917 0.4076
December 0.4557 0.4124 0.4236