YEARLY HIGH
0.0639 BHD
YEARLY LOW
0.0505 BHD
YEARLY AVERAGE
0.0600 BHD

2014 NOK to BHD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NOK to BHD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 8, valuing the pair at 0.0639. Conversely, the yearly low was recorded on December 28, dropping to 0.0505.

This high-to-low spread represents a total annual volatility of 0.0134 BHD. From a start-to-finish perspective, comparing the January average rate of 0.0613 to the December average rate of 0.0517, the exchange rate registered a net change of -15.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0639 was down 7.65% compared to the 2013 peak of 0.0692, 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 319 BHD
2013 Average 321 BHD
Yearly Trough Low 252 BHD
Transaction Impact: A difference of 66.99 BHD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0647
0.0505
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 0.0624, compared to 0.0576 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0048 points.

H1 Avg (Jan–Jun) 0.0624
H2 Avg (Jul–Dec) 0.0576

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0037 BHD (High: 0.0542 / Low: 0.0505). On the other end, May was the most stable month, with a tight range of 0.0008 BHD (High: 0.0639 / Low: 0.0631).

December Spread (Volatile) ±0.0037
May Spread (Stable) ±0.0008

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 0.0036 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.0635) against the same month in 2013 (average: 0.0647), the exchange rate shifted by -0.0013 (-1.95%).

2014 Avg (May) 0.0635
2013 Avg (May) 0.0647

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0619 0.0602 0.0613
February 0.0627 0.0600 0.0615
March 0.0634 0.0623 0.0628
April 0.0635 0.0627 0.0630
May 0.0639 0.0631 0.0635
June 0.0634 0.0615 0.0624
July 0.0614 0.0600 0.0609
August 0.0614 0.0600 0.0608
September 0.0609 0.0584 0.0594
October 0.0585 0.0559 0.0576
November 0.0559 0.0536 0.0553
December 0.0542 0.0505 0.0517