Thames Valley Police said the new devices track a person's movement via GPS at all times, rather than just when they enter and exit a building.
The teenager - who cannot be named - was convicted of burglary, robbery, threatening a 14-year-old girl and brandishing an imitation firearm.
He is from Oxfordshire and will now have to wear the tag for six months.
PC Mike Ellis, Oxford anti-social behaviour officer, said: "We believe this is the first such order in the country with a youth. I think it will be very successful not just in this case but also in the future.
"He must wear [the tag] at all times and it allows us to see if he is involved in any anti-social behaviour we get reported to us.
"This is really to act as a deterrent to the offender as they know we will be able to see whether they were near where a crime took place."
PC Ellis said the device, called a Buddi tag, was used after the police applied for a Criminal Behaviour Order, which replaced Anti-social Behaviour Orders (Asbos) last year.
The 15-year-old had already been convicted of burglary offences in August 2015.
A 15-year-old boy has become the first child in the UK to get a satellite-tracked tag, police have said.