YEARLY HIGH
0.0692 BHD
YEARLY LOW
0.0603 BHD
YEARLY AVERAGE
0.0642 BHD

2013 NOK to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the NOK to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.0692. Conversely, the yearly low was recorded on July 7, dropping to 0.0603.

This high-to-low spread represents a total annual volatility of 0.0089 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0678 to the December average rate of 0.0614, 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 0.0692 was up 2.01% compared to the 2012 peak of 0.0678, 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 346 BHD
2012 Average 324 BHD
Yearly Trough Low 301 BHD
Transaction Impact: A difference of 44.38 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.0685
0.0607
JanuMarcMayJulySeptNove

NOK to BHD 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 0.0658, compared to 0.0626 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.0658
H2 Avg (Jul–Dec) 0.0626

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 0.0042 BHD (High: 0.0659 / Low: 0.0617). On the other end, December was the most stable month, with a tight range of 0.0011 BHD (High: 0.0620 / Low: 0.0609).

June Spread (Volatile) ±0.0042
December Spread (Stable) ±0.0011

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 0.0026 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2013: 0.0678) against the same month in 2012 (average: 0.0659), the exchange rate shifted by +0.0019 (+2.87%).

2013 Avg (February) 0.0678
2012 Avg (February) 0.0659

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0689 0.0673 0.0678
February 0.0692 0.0659 0.0678
March 0.0664 0.0645 0.0653
April 0.0660 0.0639 0.0651
May 0.0653 0.0640 0.0647
June 0.0659 0.0617 0.0642
July 0.0638 0.0603 0.0625
August 0.0644 0.0616 0.0633
September 0.0646 0.0616 0.0631
October 0.0640 0.0625 0.0634
November 0.0634 0.0609 0.0620
December 0.0620 0.0609 0.0614