2022 SGD to NOK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2022.
2022 SGD to NOK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2022
During 2022, the SGD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 7.5807. Conversely, the yearly low was recorded on March 26, dropping to 6.3341.
This high-to-low spread represents a total annual volatility of 1.2466 NOK. From a start-to-finish perspective, comparing the January average rate of 6.5535 to the December average rate of 7.3018, the exchange rate registered a net change of 11.42% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2022 high of 7.5807 was up 13.28% compared to the 2021 peak of 6.6920, 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 2022.
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 6.6907, compared to 7.2454 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5547 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2022 was September, with a trading range of 0.5317 NOK (High: 7.5807 / Low: 7.0491). On the other end, August was the most stable month, with a tight range of 0.1713 NOK (High: 7.1175 / Low: 6.9462).
Growth Streaks & Declines
TrendsBetween March and July, 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 July and August, when the average rate fell by 0.1320 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2022: 7.2593) against the same month in 2021 (average: 6.4276), the exchange rate shifted by +0.8317 (+12.94%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 6.6645 | 6.4363 | 6.5535 |
| February | 6.6931 | 6.4904 | 6.5822 |
| March | 6.6409 | 6.3341 | 6.5005 |
| April | 6.7884 | 6.3869 | 6.5192 |
| May | 7.1111 | 6.7221 | 6.9443 |
| June | 7.2025 | 6.8355 | 7.0445 |
| July | 7.2915 | 6.9965 | 7.1598 |
| August | 7.1175 | 6.9462 | 7.0278 |
| September | 7.5807 | 7.0491 | 7.2593 |
| October | 7.5807 | 7.2882 | 7.4234 |
| November | 7.4418 | 7.1809 | 7.3002 |
| December | 7.3940 | 7.1813 | 7.3018 |