YEARLY HIGH
1.0815 NOK
YEARLY LOW
0.8529 NOK
YEARLY AVERAGE
0.9123 NOK

2014 BOB to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BOB to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 1.0815. Conversely, the yearly low was recorded on May 8, dropping to 0.8529.

This high-to-low spread represents a total annual volatility of 0.2286 NOK. From a start-to-finish perspective, comparing the January average rate of 0.8904 to the December average rate of 1.0568, the exchange rate registered a net change of 18.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.0815 was up 19.79% compared to the 2013 peak of 0.9028, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,407 NOK
2013 Average 4,234 NOK
Yearly Trough Low 4,264 NOK
Transaction Impact: A difference of 1,142.81 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.0765
0.8399
JanuMarcMayJulySeptNove

BOB 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 0.8741, compared to 0.9505 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0765 points.

H1 Avg (Jan–Jun) 0.8741
H2 Avg (Jul–Dec) 0.9505

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0751 NOK (High: 1.0815 / Low: 1.0064). On the other end, April was the most stable month, with a tight range of 0.0116 NOK (High: 0.8706 / Low: 0.8589).

December Spread (Volatile) ±0.0751
April Spread (Stable) ±0.0116

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0188 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0188

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 1.0568) against the same month in 2013 (average: 0.8889), the exchange rate shifted by +0.1679 (+18.89%).

2014 Avg (December) 1.0568
2013 Avg (December) 0.8889

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9057 0.8780 0.8904
February 0.9094 0.8698 0.8869
March 0.8763 0.8610 0.8681
April 0.8706 0.8589 0.8653
May 0.8648 0.8529 0.8596
June 0.8879 0.8611 0.8741
July 0.9085 0.8890 0.8963
August 0.9083 0.8889 0.8970
September 0.9328 0.8949 0.9183
October 0.9744 0.9334 0.9476
November 1.0168 0.9759 0.9873
December 1.0815 1.0064 1.0568