2014 NOK āĻĨā§āĻā§ CAD-āĻāϰ āĻāϤāĻŋāĻšāĻžāϏāĻŋāĻ āĻĒāϰā§āϝāĻžāϞā§āĻāύāĻž
2014 āϏāĻžāϞ āĻā§āĻĄāĻŧā§ āĻŦāĻŋāύāĻŋāĻŽāϝāĻŧ āĻšāĻžāϰā§āϰ āĻāϰā§āĻŽāĻā§āώāĻŽāϤāĻžāϰ āĻāĻāĻāĻŋ āĻŦāĻŋāĻļāĻĻ āĻŦāĻŋāĻļā§āϞā§āώāĻŖāĨ¤
2014 NOK to CAD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the NOK to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.1868. Conversely, the yearly low was recorded on December 28, dropping to 0.1556.
This high-to-low spread represents a total annual volatility of 0.0312 CAD. From a start-to-finish perspective, comparing the January average rate of 0.1774 to the December average rate of 0.1581, the exchange rate registered a net change of -10.86% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 0.1868 was up 2.18% compared to the 2013 peak of 0.1828, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NOK based on timing:
āĻĒā§āϰāĻŦāĻŖāϤāĻžāϰ āĻāĻŋāϤā§āϰāĻžāϝāĻŧāύ
2014 āϏāĻžāϞ āĻā§āĻĄāĻŧā§ āĻŽāĻžāϏāĻŋāĻ āĻāĻĄāĻŧ āĻāĻ āĻžāύāĻžāĻŽāĻžāĨ¤
NOK to CAD 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: JanâJun) was 0.1816, compared to 0.1697 in the second half (H2: JulâDec). This shows that the rate was stronger in the first half (JanâJun) by a margin of 0.0118 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was June, with a trading range of 0.0097 CAD (High: 0.1838 / Low: 0.1740). On the other end, April was the most stable month, with a tight range of 0.0024 CAD (High: 0.1849 / Low: 0.1825).
Growth Streaks & Declines
TrendsBetween January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0079 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2014: 0.1851) against the same month in 2013 (average: 0.1773), the exchange rate shifted by +0.0079 (+4.44%).
āĻŽāĻžāϏāĻŋāĻ āĻŦāĻŋāĻļā§āϞā§āώāĻŖ
āĻĒā§āϰāϤāĻŋāĻāĻŋ āĻā§āϝāĻžāϞā§āύā§āĻĄāĻžāϰ āĻŽāĻžāϏā§āϰ āĻĒāϰāĻŋāϏāĻāĻā§āϝāĻžāύāĻāϤ āϏāĻžāϰāϏāĻāĻā§āώā§āĻĒāĨ¤
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.1815 | 0.1728 | 0.1774 |
| February | 0.1843 | 0.1764 | 0.1804 |
| March | 0.1868 | 0.1834 | 0.1851 |
| April | 0.1849 | 0.1825 | 0.1839 |
| May | 0.1850 | 0.1815 | 0.1834 |
| June | 0.1838 | 0.1740 | 0.1792 |
| July | 0.1757 | 0.1719 | 0.1733 |
| August | 0.1779 | 0.1741 | 0.1762 |
| September | 0.1764 | 0.1712 | 0.1734 |
| October | 0.1732 | 0.1668 | 0.1713 |
| November | 0.1677 | 0.1625 | 0.1660 |
| December | 0.1630 | 0.1556 | 0.1581 |