YEARLY HIGH
0.0602 NOK
YEARLY LOW
0.0522 NOK
YEARLY AVERAGE
0.0540 NOK

2014 ISK to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ISK to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 16, valuing the pair at 0.0602. Conversely, the yearly low was recorded on May 13, dropping to 0.0522.

This high-to-low spread represents a total annual volatility of 0.0079 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0532 to the December average rate of 0.0583, the exchange rate registered a net change of 9.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0602 was up 13.44% compared to the 2013 peak of 0.0530, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 301 NOK
2013 Average 241 NOK
Yearly Trough Low 261 NOK
Transaction Impact: A difference of 39.72 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0588
0.0522
JanuMarcMayJulySeptNove

ISK 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 0.0532, compared to 0.0548 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.0532
H2 Avg (Jul–Dec) 0.0548

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0038 NOK (High: 0.0602 / Low: 0.0563). On the other end, April was the most stable month, with a tight range of 0.0006 NOK (High: 0.0536 / Low: 0.0530).

December Spread (Volatile) ±0.0038
April Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0008 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0583) against the same month in 2013 (average: 0.0524), the exchange rate shifted by +0.0059 (+11.27%).

2014 Avg (December) 0.0583
2013 Avg (December) 0.0524

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0541 0.0526 0.0532
February 0.0544 0.0532 0.0536
March 0.0536 0.0529 0.0532
April 0.0536 0.0530 0.0533
May 0.0532 0.0522 0.0528
June 0.0543 0.0524 0.0531
July 0.0548 0.0538 0.0542
August 0.0546 0.0529 0.0535
September 0.0542 0.0528 0.0534
October 0.0554 0.0532 0.0542
November 0.0568 0.0541 0.0552
December 0.0602 0.0563 0.0583