YEARLY HIGH
0.6223 AED
YEARLY LOW
0.4914 AED
YEARLY AVERAGE
0.5846 AED

2014 NOK to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NOK to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on May 8, valuing the pair at 0.6223. Conversely, the yearly low was recorded on December 28, dropping to 0.4914.

This high-to-low spread represents a total annual volatility of 0.1308 AED. From a start-to-finish perspective, comparing the January average rate of 0.5968 to the December average rate of 0.5032, the exchange rate registered a net change of -15.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.6223 was down 7.62% compared to the 2013 peak of 0.6736, 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 3,111 AED
2013 Average 3,127 AED
Yearly Trough Low 2,457 AED
Transaction Impact: A difference of 654.15 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.6299
0.4916
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 0.6082, compared to 0.5611 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0471 points.

H1 Avg (Jan–Jun) 0.6082
H2 Avg (Jul–Dec) 0.5611

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0366 AED (High: 0.5280 / Low: 0.4914). On the other end, May was the most stable month, with a tight range of 0.0075 AED (High: 0.6223 / Low: 0.6148).

December Spread (Volatile) ±0.0366
May Spread (Stable) ±0.0075

Growth Streaks & Declines

Trends

Between January and May, 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 November and December, when the average rate fell by 0.0354 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0354

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.6183) against the same month in 2013 (average: 0.6307), the exchange rate shifted by -0.0123 (-1.96%).

2014 Avg (May) 0.6183
2013 Avg (May) 0.6307

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6050 0.5863 0.5968
February 0.6109 0.5842 0.5995
March 0.6172 0.6066 0.6121
April 0.6189 0.6106 0.6141
May 0.6223 0.6148 0.6183
June 0.6176 0.5989 0.6083
July 0.5980 0.5850 0.5930
August 0.5984 0.5850 0.5926
September 0.5935 0.5685 0.5785
October 0.5699 0.5447 0.5608
November 0.5451 0.5223 0.5386
December 0.5280 0.4914 0.5032