YEARLY HIGH
1.0527 CNY
YEARLY LOW
0.8298 CNY
YEARLY AVERAGE
0.9804 CNY

2014 NOK to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NOK to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on May 8, valuing the pair at 1.0527. Conversely, the yearly low was recorded on December 15, dropping to 0.8298.

This high-to-low spread represents a total annual volatility of 0.2229 CNY. From a start-to-finish perspective, comparing the January average rate of 0.9862 to the December average rate of 0.8467, the exchange rate registered a net change of -14.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.0527 was down 8.11% compared to the 2013 peak of 1.1456, 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 5,263 CNY
2013 Average 5,244 CNY
Yearly Trough Low 4,149 CNY
Transaction Impact: A difference of 1,114.33 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.0679
0.8265
JanuMarcMayJulySeptNove

NOK to CNY 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 1.0206, compared to 0.9403 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0803 points.

H1 Avg (Jan–Jun) 1.0206
H2 Avg (Jul–Dec) 0.9403

Volatility Range Comparison

Volatility

The most volatile month in 2014 was February, with a trading range of 0.0554 CNY (High: 1.0216 / Low: 0.9663). On the other end, May was the most stable month, with a tight range of 0.0097 CNY (High: 1.0527 / Low: 1.0430).

February Spread (Volatile) ±0.0554
May Spread (Stable) ±0.0097

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 0.0521 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0521

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 1.0478) against the same month in 2013 (average: 1.0566), the exchange rate shifted by -0.0087 (-0.83%).

2014 Avg (May) 1.0478
2013 Avg (May) 1.0566

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9993 0.9690 0.9862
February 1.0216 0.9663 0.9931
March 1.0380 1.0173 1.0277
April 1.0478 1.0339 1.0390
May 1.0527 1.0430 1.0478
June 1.0479 1.0105 1.0296
July 1.0105 0.9830 1.0000
August 1.0020 0.9826 0.9931
September 0.9940 0.9489 0.9672
October 0.9529 0.9071 0.9359
November 0.9090 0.8735 0.8988
December 0.8838 0.8298 0.8467