2015 SGD to NOK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
2015 SGD to NOK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the SGD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 6.2374. Conversely, the yearly low was recorded on February 22, dropping to 5.5384.
This high-to-low spread represents a total annual volatility of 0.6990 NOK. From a start-to-finish perspective, comparing the January average rate of 5.7378 to the December average rate of 6.1685, the exchange rate registered a net change of 7.51% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2015 high of 6.2374 was up 9.47% compared to the 2014 peak of 5.6979, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SGD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2015.
SGD to NOK 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 5.7442, compared to 5.9829 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2387 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was March, with a trading range of 0.3512 NOK (High: 5.9736 / Low: 5.6224). On the other end, November was the most stable month, with a tight range of 0.1080 NOK (High: 6.1602 / Low: 6.0522).
Growth Streaks & Declines
TrendsBetween September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.1875 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2015: 6.1685) against the same month in 2014 (average: 5.5475), the exchange rate shifted by +0.6210 (+11.19%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5.8016 | 5.6498 | 5.7378 |
| February | 5.7048 | 5.5384 | 5.6048 |
| March | 5.9736 | 5.6224 | 5.7994 |
| April | 5.9515 | 5.7126 | 5.8530 |
| May | 5.7739 | 5.5403 | 5.6655 |
| June | 5.8628 | 5.7405 | 5.8049 |
| July | 6.0815 | 5.8586 | 5.9645 |
| August | 5.9911 | 5.8153 | 5.9005 |
| September | 5.9802 | 5.7652 | 5.8532 |
| October | 6.0970 | 5.7901 | 5.9017 |
| November | 6.1602 | 6.0522 | 6.1088 |
| December | 6.2374 | 6.0883 | 6.1685 |