2022 NOK to SGD Historical Review

YEARLY HIGH

0.1579 SGD

YEARLY LOW

0.1319 SGD

YEARLY AVERAGE

0.1439 SGD

2022 NOK to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the NOK to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 0.1579. Conversely, the yearly low was recorded on October 1, dropping to 0.1319.

This high-to-low spread represents a total annual volatility of 0.0260 SGD. From a start-to-finish perspective, comparing the January average rate of 0.1526 to the December average rate of 0.1370, the exchange rate registered a net change of -10.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1579 was down 2.63% compared to the 2021 peak of 0.1621, 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 789 SGD

2021 Average 782 SGD

Yearly Trough Low 660 SGD

Transaction Impact: A difference of 129.81 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1558

0.1328

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 0.1496, compared to 0.1381 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0116 points.

H1 Avg (Jan–Jun) 0.1496

H2 Avg (Jul–Dec) 0.1381

Volatility Range Comparison

Volatility

The most volatile month in 2022 was September, with a trading range of 0.0099 SGD (High: 0.1419 / Low: 0.1319). On the other end, August was the most stable month, with a tight range of 0.0035 SGD (High: 0.1440 / Low: 0.1405).

September Spread (Volatile) ±0.0099

August Spread (Stable) ±0.0035

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0094 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0094

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2022: 0.1539) against the same month in 2021 (average: 0.1575), the exchange rate shifted by -0.0036 (-2.30%).

2022 Avg (March) 0.1539

2021 Avg (March) 0.1575

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1554	0.1500	0.1526
February	0.1541	0.1494	0.1519
March	0.1579	0.1506	0.1539
April	0.1566	0.1473	0.1534
May	0.1488	0.1406	0.1440
June	0.1463	0.1388	0.1420
July	0.1429	0.1371	0.1397
August	0.1440	0.1405	0.1423
September	0.1419	0.1319	0.1378
October	0.1372	0.1319	0.1347
November	0.1393	0.1344	0.1370
December	0.1393	0.1352	0.1370