YEARLY HIGH
0.6736 AED
YEARLY LOW
0.5874 AED
YEARLY AVERAGE
0.6256 AED

2013 NOK to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the NOK to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.6736. Conversely, the yearly low was recorded on July 7, dropping to 0.5874.

This high-to-low spread represents a total annual volatility of 0.0862 AED. From a start-to-finish perspective, comparing the January average rate of 0.6611 to the December average rate of 0.5978, the exchange rate registered a net change of -9.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.6736 was up 1.98% compared to the 2012 peak of 0.6605, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,368 AED
2012 Average 3,158 AED
Yearly Trough Low 2,937 AED
Transaction Impact: A difference of 430.94 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.6674
0.5915
JanuMarcMayJulySeptNove

NOK to AED 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 0.6413, compared to 0.6098 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0315 points.

H1 Avg (Jan–Jun) 0.6413
H2 Avg (Jul–Dec) 0.6098

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 0.0415 AED (High: 0.6429 / Low: 0.6015). On the other end, December was the most stable month, with a tight range of 0.0108 AED (High: 0.6042 / Low: 0.5935).

June Spread (Volatile) ±0.0415
December Spread (Stable) ±0.0108

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2013. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0248 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0248

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2013: 0.6607) against the same month in 2012 (average: 0.6431), the exchange rate shifted by +0.0176 (+2.73%).

2013 Avg (February) 0.6607
2012 Avg (February) 0.6431

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6713 0.6555 0.6611
February 0.6736 0.6418 0.6607
March 0.6469 0.6282 0.6359
April 0.6432 0.6229 0.6344
May 0.6358 0.6237 0.6307
June 0.6429 0.6015 0.6253
July 0.6219 0.5874 0.6090
August 0.6277 0.6005 0.6163
September 0.6298 0.6004 0.6143
October 0.6235 0.6091 0.6173
November 0.6171 0.5938 0.6039
December 0.6042 0.5935 0.5978