YEARLY HIGH
0.9208 DKK
YEARLY LOW
0.8009 DKK
YEARLY AVERAGE
0.8925 DKK

2014 NOK to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NOK to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 10, valuing the pair at 0.9208. Conversely, the yearly low was recorded on December 16, dropping to 0.8009.

This high-to-low spread represents a total annual volatility of 0.1200 DKK. From a start-to-finish perspective, comparing the January average rate of 0.8899 to the December average rate of 0.8279, the exchange rate registered a net change of -6.96% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.9208 was down 9.89% compared to the 2013 peak of 1.0219, 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 4,604 DKK
2013 Average 4,782 DKK
Yearly Trough Low 4,004 DKK
Transaction Impact: A difference of 599.90 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.9237
0.8192
JanuMarcMayJulySeptNove

NOK to DKK 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 0.9014, compared to 0.8836 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0178 points.

H1 Avg (Jan–Jun) 0.9014
H2 Avg (Jul–Dec) 0.8836

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0571 DKK (High: 0.8580 / Low: 0.8009). On the other end, July was the most stable month, with a tight range of 0.0096 DKK (High: 0.8941 / Low: 0.8846).

December Spread (Volatile) ±0.0571
July Spread (Stable) ±0.0096

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 0.0468 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0468

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2014: 0.9082) against the same month in 2013 (average: 0.9633), the exchange rate shifted by -0.0552 (-5.73%).

2014 Avg (June) 0.9082
2013 Avg (June) 0.9633

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8957 0.8815 0.8899
February 0.9009 0.8779 0.8918
March 0.9051 0.8937 0.8996
April 0.9086 0.8969 0.9039
May 0.9197 0.9038 0.9150
June 0.9208 0.8887 0.9082
July 0.8941 0.8846 0.8889
August 0.9156 0.8858 0.9031
September 0.9173 0.8985 0.9097
October 0.9147 0.8798 0.8972
November 0.8840 0.8496 0.8748
December 0.8580 0.8009 0.8279