2014 NOK to SGD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
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.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |