YEARLY HIGH
0.0774 NOK
YEARLY LOW
0.0664 NOK
YEARLY AVERAGE
0.0709 NOK

2013 CVE to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the CVE to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 0.0774. Conversely, the yearly low was recorded on January 15, dropping to 0.0664.

This high-to-low spread represents a total annual volatility of 0.0110 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0670 to the December average rate of 0.0765, the exchange rate registered a net change of 14.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.0774 was up 10.17% compared to the 2012 peak of 0.0703, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 387 NOK
2012 Average 338 NOK
Yearly Trough Low 332 NOK
Transaction Impact: A difference of 54.94 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.0775
0.0660
JanuMarcMayJulySeptNove

CVE 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 0.0682, compared to 0.0736 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0054 points.

H1 Avg (Jan–Jun) 0.0682
H2 Avg (Jul–Dec) 0.0736

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 0.0047 NOK (High: 0.0734 / Low: 0.0687). On the other end, October was the most stable month, with a tight range of 0.0009 NOK (High: 0.0744 / Low: 0.0735).

June Spread (Volatile) ±0.0047
October Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 0.0765) against the same month in 2012 (average: 0.0666), the exchange rate shifted by +0.0099 (+14.84%).

2013 Avg (December) 0.0765
2012 Avg (December) 0.0666

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0675 0.0664 0.0670
February 0.0684 0.0667 0.0674
March 0.0689 0.0672 0.0679
April 0.0702 0.0672 0.0683
May 0.0695 0.0677 0.0686
June 0.0734 0.0687 0.0702
July 0.0726 0.0706 0.0715
August 0.0741 0.0703 0.0722
September 0.0742 0.0716 0.0730
October 0.0744 0.0735 0.0740
November 0.0758 0.0731 0.0747
December 0.0774 0.0755 0.0765