YEARLY HIGH
6.7737 NOK
YEARLY LOW
6.2469 NOK
YEARLY AVERAGE
6.4499 NOK

2019 SGD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the SGD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 29, valuing the pair at 6.7737. Conversely, the yearly low was recorded on February 3, dropping to 6.2469.

This high-to-low spread represents a total annual volatility of 0.5268 NOK. From a start-to-finish perspective, comparing the January average rate of 6.3059 to the December average rate of 6.6470, the exchange rate registered a net change of 5.41% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 6.7737 was up 5.96% compared to the 2018 peak of 6.3929, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SGD based on timing:

Yearly Peak High 33,868 NOK
2018 Average 30,165 NOK
Yearly Trough Low 31,234 NOK
Transaction Impact: A difference of 2,634.00 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

6.7559
6.2650
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 6.3375, compared to 6.5623 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2248 points.

H1 Avg (Jan–Jun) 6.3375
H2 Avg (Jul–Dec) 6.5623

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.2416 NOK (High: 6.7568 / Low: 6.5151). On the other end, November was the most stable month, with a tight range of 0.0752 NOK (High: 6.7533 / Low: 6.6781).

December Spread (Volatile) ±0.2416
November Spread (Stable) ±0.0752

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0680 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0680

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2019: 6.6752) against the same month in 2018 (average: 5.9866), the exchange rate shifted by +0.6887 (+11.50%).

2019 Avg (October) 6.6752
2018 Avg (October) 5.9866

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.4244 6.2523 6.3059
February 6.4033 6.2469 6.3412
March 6.4519 6.2646 6.3524
April 6.3804 6.2631 6.3178
May 6.4386 6.3150 6.3757
June 6.3944 6.2669 6.3319
July 6.4459 6.2847 6.3285
August 6.5738 6.3958 6.4729
September 6.5836 6.4647 6.5350
October 6.7737 6.5874 6.6752
November 6.7533 6.6781 6.7150
December 6.7568 6.5151 6.6470