YEARLY HIGH
1.1725 BOB
YEARLY LOW
0.9247 BOB
YEARLY AVERAGE
1.1001 BOB

2014 NOK to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NOK to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on May 8, valuing the pair at 1.1725. Conversely, the yearly low was recorded on December 28, dropping to 0.9247.

This high-to-low spread represents a total annual volatility of 0.2478 BOB. From a start-to-finish perspective, comparing the January average rate of 1.1231 to the December average rate of 0.9467, the exchange rate registered a net change of -15.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.1725 was down 8.45% compared to the 2013 peak of 1.2807, 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 5,862 BOB
2013 Average 5,913 BOB
Yearly Trough Low 4,623 BOB
Transaction Impact: A difference of 1,239.01 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.1850
0.9251
JanuMarcMayJulySeptNove

NOK to BOB 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 1.1443, compared to 1.0558 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0885 points.

H1 Avg (Jan–Jun) 1.1443
H2 Avg (Jul–Dec) 1.0558

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0690 BOB (High: 0.9937 / Low: 0.9247). On the other end, April was the most stable month, with a tight range of 0.0156 BOB (High: 1.1642 / Low: 1.1486).

December Spread (Volatile) ±0.0690
April Spread (Stable) ±0.0156

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 0.0663 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0663

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 1.1634) against the same month in 2013 (average: 1.2005), the exchange rate shifted by -0.0371 (-3.09%).

2014 Avg (May) 1.1634
2013 Avg (May) 1.2005

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1390 1.1041 1.1231
February 1.1497 1.0996 1.1277
March 1.1615 1.1411 1.1519
April 1.1642 1.1486 1.1557
May 1.1725 1.1564 1.1634
June 1.1614 1.1263 1.1441
July 1.1249 1.1007 1.1158
August 1.1250 1.1009 1.1148
September 1.1174 1.0721 1.0891
October 1.0713 1.0263 1.0554
November 1.0247 0.9835 1.0130
December 0.9937 0.9247 0.9467