2021 SGD to NOK Historical Review

YEARLY HIGH

6.6920 NOK

YEARLY LOW

6.1677 NOK

YEARLY AVERAGE

6.3987 NOK

2021 SGD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SGD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 6.6920. Conversely, the yearly low was recorded on May 16, dropping to 6.1677.

This high-to-low spread represents a total annual volatility of 0.5243 NOK. From a start-to-finish perspective, comparing the January average rate of 6.4263 to the December average rate of 6.5807, the exchange rate registered a net change of 2.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 6.6920 was down 17.76% compared to the 2020 peak of 8.1372, 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 33,460 NOK

2020 Average 34,117 NOK

Yearly Trough Low 30,838 NOK

Transaction Impact: A difference of 2,621.51 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

6.6138

6.2168

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 6.3405, compared to 6.4569 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1164 points.

H1 Avg (Jan–Jun) 6.3405

H2 Avg (Jul–Dec) 6.4569

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.3849 NOK (High: 6.6311 / Low: 6.2462). On the other end, September was the most stable month, with a tight range of 0.1392 NOK (High: 6.4705 / Low: 6.3313).

November Spread (Volatile) ±0.3849

September Spread (Stable) ±0.1392

Growth Streaks & Declines

Trends

Between May and August, 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 September and October, when the average rate fell by 0.1620 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1620

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 6.5807) against the same month in 2020 (average: 6.5335), the exchange rate shifted by +0.0472 (+0.72%).

2021 Avg (December) 6.5807

2020 Avg (December) 6.5335

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.5322	6.3516	6.4263
February	6.4987	6.3450	6.4070
March	6.4447	6.2673	6.3499
April	6.3402	6.1717	6.2882
May	6.3271	6.1677	6.2499
June	6.4497	6.2459	6.3215
July	6.5897	6.3672	6.4756
August	6.6312	6.4461	6.5355
September	6.4705	6.3313	6.4276
October	6.3616	6.1929	6.2657
November	6.6311	6.2462	6.4564
December	6.6920	6.4960	6.5807

2021 SGD నుండి NOK చారిత్రక సమీక్ష