2018 NOK to SGD Historical Review

YEARLY HIGH

0.1712 SGD

YEARLY LOW

0.1564 SGD

YEARLY AVERAGE

0.1658 SGD

2018 NOK to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 1, valuing the pair at 0.1712. Conversely, the yearly low was recorded on December 27, dropping to 0.1564.

This high-to-low spread represents a total annual volatility of 0.0148 SGD. From a start-to-finish perspective, comparing the January average rate of 0.1672 to the December average rate of 0.1588, the exchange rate registered a net change of -5.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.1712 was down 2.31% compared to the 2017 peak of 0.1753, 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 856 SGD

2017 Average 835 SGD

Yearly Trough Low 782 SGD

Transaction Impact: A difference of 74.04 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.1704

0.1578

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 0.1674, compared to 0.1643 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0030 points.

H1 Avg (Jan–Jun) 0.1674

H2 Avg (Jul–Dec) 0.1643

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 0.0069 SGD (High: 0.1701 / Low: 0.1632). On the other end, July was the most stable month, with a tight range of 0.0030 SGD (High: 0.1693 / Low: 0.1662).

January Spread (Volatile) ±0.0069

July Spread (Stable) ±0.0030

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 October and November, when the average rate fell by 0.0048 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0048

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.1685) against the same month in 2017 (average: 0.1698), the exchange rate shifted by -0.0014 (-0.80%).

2018 Avg (February) 0.1685

2017 Avg (February) 0.1698

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1701	0.1632	0.1672
February	0.1712	0.1664	0.1685
March	0.1708	0.1670	0.1693
April	0.1690	0.1655	0.1677
May	0.1673	0.1623	0.1654
June	0.1680	0.1635	0.1661
July	0.1693	0.1662	0.1676
August	0.1667	0.1621	0.1641
September	0.1685	0.1631	0.1661
October	0.1688	0.1643	0.1671
November	0.1647	0.1595	0.1622
December	0.1613	0.1564	0.1588