YEARLY HIGH
0.2338 SGD
YEARLY LOW
0.2164 SGD
YEARLY AVERAGE
0.2244 SGD

2011 NOK to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the NOK to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.2338. Conversely, the yearly low was recorded on December 28, dropping to 0.2164.

This high-to-low spread represents a total annual volatility of 0.0174 SGD. From a start-to-finish perspective, comparing the January average rate of 0.2197 to the December average rate of 0.2201, the exchange rate registered a net change of 0.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.2338 was down 5.51% compared to the 2010 peak of 0.2475, 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 1,169 SGD
2010 Average 1,129 SGD
Yearly Trough Low 1,082 SGD
Transaction Impact: A difference of 87.21 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.2321
0.2186
JanuMarcMayJulySeptNove

NOK to SGD 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 0.2256, compared to 0.2232 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.2256
H2 Avg (Jul–Dec) 0.2232

Volatility Range Comparison

Volatility

The most volatile month in 2011 was July, with a trading range of 0.0116 SGD (High: 0.2292 / Low: 0.2176). On the other end, March was the most stable month, with a tight range of 0.0036 SGD (High: 0.2286 / Low: 0.2250).

July Spread (Volatile) ±0.0116
March Spread (Stable) ±0.0036

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0046 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0046

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2011: 0.2310) against the same month in 2010 (average: 0.2337), the exchange rate shifted by -0.0027 (-1.16%).

2011 Avg (April) 0.2310
2010 Avg (April) 0.2337

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2224 0.2168 0.2197
February 0.2278 0.2189 0.2228
March 0.2286 0.2250 0.2268
April 0.2338 0.2282 0.2310
May 0.2338 0.2228 0.2264
June 0.2299 0.2227 0.2268
July 0.2292 0.2176 0.2234
August 0.2251 0.2198 0.2224
September 0.2249 0.2199 0.2228
October 0.2300 0.2219 0.2260
November 0.2272 0.2210 0.2245
December 0.2255 0.2164 0.2201