YEARLY HIGH
0.1806 SGD
YEARLY LOW
0.1603 SGD
YEARLY AVERAGE
0.1707 SGD

2015 NOK to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NOK to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 22, valuing the pair at 0.1806. Conversely, the yearly low was recorded on December 31, dropping to 0.1603.

This high-to-low spread represents a total annual volatility of 0.0202 SGD. From a start-to-finish perspective, comparing the January average rate of 0.1743 to the December average rate of 0.1621, the exchange rate registered a net change of -6.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.1806 was down 15.19% compared to the 2014 peak of 0.2129, 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 903 SGD
2014 Average 1,008 SGD
Yearly Trough Low 802 SGD
Transaction Impact: A difference of 101.17 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.1801
0.1605
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 0.1741, compared to 0.1672 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0069 points.

H1 Avg (Jan–Jun) 0.1741
H2 Avg (Jul–Dec) 0.1672

Volatility Range Comparison

Volatility

The most volatile month in 2015 was March, with a trading range of 0.0105 SGD (High: 0.1779 / Low: 0.1674). On the other end, November was the most stable month, with a tight range of 0.0029 SGD (High: 0.1652 / Low: 0.1623).

March Spread (Volatile) ±0.0105
November Spread (Stable) ±0.0029

Growth Streaks & Declines

Trends

Between July and September, 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 February and March, when the average rate fell by 0.0060 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0060

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2015: 0.1784) against the same month in 2014 (average: 0.2067), the exchange rate shifted by -0.0283 (-13.69%).

2015 Avg (February) 0.1784
2014 Avg (February) 0.2067

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1770 0.1724 0.1743
February 0.1806 0.1753 0.1784
March 0.1779 0.1674 0.1725
April 0.1751 0.1680 0.1709
May 0.1805 0.1732 0.1765
June 0.1742 0.1706 0.1723
July 0.1707 0.1644 0.1677
August 0.1720 0.1669 0.1695
September 0.1735 0.1672 0.1709
October 0.1727 0.1640 0.1695
November 0.1652 0.1623 0.1637
December 0.1642 0.1603 0.1621