2014 NOK to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 NOK to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the NOK to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 8, valuing the pair at 261.9573. Conversely, the yearly low was recorded on December 28, dropping to 208.0649.
This high-to-low spread represents a total annual volatility of 53.8924 BIF. From a start-to-finish perspective, comparing the January average rate of 251.6584 to the December average rate of 214.4071, the exchange rate registered a net change of -14.80% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 261.9573 was down 9.20% compared to the 2013 peak of 288.5030, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
NOK to BIF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 256.5025, compared to 237.6033 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 18.8992 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was December, with a trading range of 16.9766 BIF (High: 225.0415 / Low: 208.0649). On the other end, May was the most stable month, with a tight range of 3.2032 BIF (High: 261.9573 / Low: 258.7540).
Growth Streaks & Declines
TrendsBetween 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 14.6572 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2014: 260.4670) against the same month in 2013 (average: 269.6925), the exchange rate shifted by -9.2255 (-3.42%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 254.6171 | 247.2848 | 251.6584 |
| February | 258.8557 | 246.9185 | 253.1590 |
| March | 260.9987 | 256.6761 | 258.6753 |
| April | 261.3509 | 257.4722 | 258.9656 |
| May | 261.9573 | 258.7540 | 260.4670 |
| June | 259.8751 | 251.4704 | 256.0897 |
| July | 252.2722 | 245.3149 | 250.0695 |
| August | 252.9618 | 246.0098 | 249.9976 |
| September | 250.7774 | 240.1951 | 243.9736 |
| October | 241.9527 | 231.4261 | 238.1076 |
| November | 231.9888 | 222.3350 | 229.0643 |
| December | 225.0415 | 208.0649 | 214.4071 |