2014 NOK to AZN Historical Review

YEARLY HIGH

0.1329 AZN

YEARLY LOW

0.1050 AZN

YEARLY AVERAGE

0.1248 AZN

2014 NOK to AZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NOK to AZN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 8, valuing the pair at 0.1329. Conversely, the yearly low was recorded on December 28, dropping to 0.1050.

This high-to-low spread represents a total annual volatility of 0.0279 AZN. From a start-to-finish perspective, comparing the January average rate of 0.1274 to the December average rate of 0.1074, 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 0.1329 was down 7.66% compared to the 2013 peak of 0.1439, 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 664 AZN

2013 Average 668 AZN

Yearly Trough Low 525 AZN

Transaction Impact: A difference of 139.53 AZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1345

0.1050

JanuMarcMayJulySeptNove

NOK to AZN 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 0.1298, compared to 0.1198 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0101 points.

H1 Avg (Jan–Jun) 0.1298

H2 Avg (Jul–Dec) 0.1198

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0078 AZN (High: 0.1127 / Low: 0.1050). On the other end, May was the most stable month, with a tight range of 0.0016 AZN (High: 0.1329 / Low: 0.1313).

December Spread (Volatile) ±0.0078

May Spread (Stable) ±0.0016

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 0.0076 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0076

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.1320) against the same month in 2013 (average: 0.1347), the exchange rate shifted by -0.0027 (-2.02%).

2014 Avg (May) 0.1320

2013 Avg (May) 0.1347

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1292	0.1252	0.1274
February	0.1304	0.1247	0.1280
March	0.1318	0.1295	0.1307
April	0.1321	0.1303	0.1311
May	0.1329	0.1313	0.1320
June	0.1318	0.1278	0.1299
July	0.1277	0.1249	0.1266
August	0.1277	0.1249	0.1265
September	0.1267	0.1213	0.1235
October	0.1216	0.1163	0.1197
November	0.1164	0.1115	0.1150
December	0.1127	0.1050	0.1074