YEARLY HIGH
0.2129 SGD
YEARLY LOW
0.1755 SGD
YEARLY AVERAGE
0.2015 SGD

2014 NOK to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NOK to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.2129. Conversely, the yearly low was recorded on December 16, dropping to 0.1755.

This high-to-low spread represents a total annual volatility of 0.0374 SGD. From a start-to-finish perspective, comparing the January average rate of 0.2067 to the December average rate of 0.1803, the exchange rate registered a net change of -12.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.2129 was down 6.45% compared to the 2013 peak of 0.2276, 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 1,064 SGD
2013 Average 1,065 SGD
Yearly Trough Low 878 SGD
Transaction Impact: A difference of 186.91 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.2143
0.1773
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 0.2087, compared to 0.1944 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0144 points.

H1 Avg (Jan–Jun) 0.2087
H2 Avg (Jul–Dec) 0.1944

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0122 SGD (High: 0.1877 / Low: 0.1755). On the other end, May was the most stable month, with a tight range of 0.0014 SGD (High: 0.2114 / Low: 0.2099).

December Spread (Volatile) ±0.0122
May Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between January and March, 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 November and December, when the average rate fell by 0.0096 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0096

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 0.2112) against the same month in 2013 (average: 0.2157), the exchange rate shifted by -0.0045 (-2.09%).

2014 Avg (March) 0.2112
2013 Avg (March) 0.2157

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2094 0.2038 0.2067
February 0.2108 0.2022 0.2067
March 0.2129 0.2096 0.2112
April 0.2110 0.2089 0.2098
May 0.2114 0.2099 0.2107
June 0.2105 0.2034 0.2072
July 0.2027 0.1986 0.2007
August 0.2031 0.1987 0.2014
September 0.2024 0.1967 0.1990
October 0.1976 0.1905 0.1947
November 0.1925 0.1856 0.1900
December 0.1877 0.1755 0.1803