2013 GIP to NOK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2013.
2013 GIP to NOK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2013
During 2013, the GIP to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 10.1297. Conversely, the yearly low was recorded on February 3, dropping to 8.6358.
This high-to-low spread represents a total annual volatility of 1.4939 NOK. From a start-to-finish perspective, comparing the January average rate of 8.8775 to the December average rate of 10.0620, the exchange rate registered a net change of 13.34% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2013 high of 10.1297 was up 4.93% compared to the 2012 peak of 9.6542, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GIP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2013.
GIP to NOK 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: Jan–Jun) was 8.9623, compared to 9.5525 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5902 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2013 was April, with a trading range of 0.5620 NOK (High: 9.3148 / Low: 8.7529). On the other end, December was the most stable month, with a tight range of 0.1728 NOK (High: 10.1297 / Low: 9.9569).
Growth Streaks & Declines
TrendsBetween April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.3496 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2013: 10.0620) against the same month in 2012 (average: 9.0127), the exchange rate shifted by +1.0494 (+11.64%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.9740 | 8.7109 | 8.8775 |
| February | 9.1440 | 8.6358 | 8.7826 |
| March | 9.3463 | 9.0732 | 9.2327 |
| April | 9.3148 | 8.7529 | 8.8831 |
| May | 9.0579 | 8.7542 | 8.9079 |
| June | 9.4117 | 8.9057 | 9.0897 |
| July | 9.3252 | 8.9874 | 9.1533 |
| August | 9.4860 | 8.9902 | 9.2390 |
| September | 9.7079 | 9.3161 | 9.4891 |
| October | 9.7321 | 9.4594 | 9.5714 |
| November | 10.0230 | 9.4823 | 9.8003 |
| December | 10.1297 | 9.9569 | 10.0620 |