2019 NOK to SGD Historical Review

YEARLY HIGH

0.1601 SGD

YEARLY LOW

0.1476 SGD

YEARLY AVERAGE

0.1551 SGD

2019 NOK to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.1601. Conversely, the yearly low was recorded on October 29, dropping to 0.1476.

This high-to-low spread represents a total annual volatility of 0.0124 SGD. From a start-to-finish perspective, comparing the January average rate of 0.1586 to the December average rate of 0.1505, the exchange rate registered a net change of -5.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1601 was down 6.51% compared to the 2018 peak of 0.1712, 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 800 SGD

2018 Average 829 SGD

Yearly Trough Low 738 SGD

Transaction Impact: A difference of 62.25 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1596

0.1480

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 0.1578, compared to 0.1525 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0053 points.

H1 Avg (Jan–Jun) 0.1578

H2 Avg (Jul–Dec) 0.1525

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0055 SGD (High: 0.1535 / Low: 0.1480). On the other end, November was the most stable month, with a tight range of 0.0017 SGD (High: 0.1497 / Low: 0.1481).

December Spread (Volatile) ±0.0055

November Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between May and July, 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 July and August, when the average rate fell by 0.0035 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 0.1577) against the same month in 2018 (average: 0.1685), the exchange rate shifted by -0.0108 (-6.39%).

2019 Avg (February) 0.1577

2018 Avg (February) 0.1685

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1599	0.1557	0.1586
February	0.1601	0.1562	0.1577
March	0.1596	0.1550	0.1574
April	0.1597	0.1567	0.1583
May	0.1584	0.1553	0.1568
June	0.1596	0.1564	0.1579
July	0.1591	0.1551	0.1580
August	0.1564	0.1521	0.1545
September	0.1547	0.1519	0.1530
October	0.1518	0.1476	0.1498
November	0.1497	0.1481	0.1489
December	0.1535	0.1480	0.1505