2014 ETB to NOK Historical Review

YEARLY HIGH

0.3697 NOK

YEARLY LOW

0.3032 NOK

YEARLY AVERAGE

0.3204 NOK

2014 ETB to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ETB to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.3697. Conversely, the yearly low was recorded on May 8, dropping to 0.3032.

This high-to-low spread represents a total annual volatility of 0.0664 NOK. From a start-to-finish perspective, comparing the January average rate of 0.3211 to the December average rate of 0.3620, the exchange rate registered a net change of 12.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.3697 was up 11.16% compared to the 2013 peak of 0.3325, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,848 NOK

2013 Average 1,571 NOK

Yearly Trough Low 1,516 NOK

Transaction Impact: A difference of 332.18 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.3677

0.2986

JanuMarcMayJulySeptNove

ETB 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 0.3118, compared to 0.3290 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0172 points.

H1 Avg (Jan–Jun) 0.3118

H2 Avg (Jul–Dec) 0.3290

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0240 NOK (High: 0.3697 / Low: 0.3456). On the other end, May was the most stable month, with a tight range of 0.0022 NOK (High: 0.3055 / Low: 0.3032).

December Spread (Volatile) ±0.0240

May Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0074 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0074

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.3620) against the same month in 2013 (average: 0.3217), the exchange rate shifted by +0.0403 (+12.53%).

2014 Avg (December) 0.3620

2013 Avg (December) 0.3217

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3264	0.3178	0.3211
February	0.3283	0.3113	0.3184
March	0.3147	0.3085	0.3110
April	0.3090	0.3047	0.3075
May	0.3055	0.3032	0.3044
June	0.3129	0.3039	0.3083
July	0.3175	0.3123	0.3140
August	0.3172	0.3098	0.3126
September	0.3229	0.3111	0.3185
October	0.3354	0.3221	0.3272
November	0.3490	0.3357	0.3396
December	0.3697	0.3456	0.3620