2013 NOK to ETB Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2013.
2013 NOK to ETB Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2013
During 2013, the NOK to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 3.3641. Conversely, the yearly low was recorded on July 7, dropping to 3.0072.
This high-to-low spread represents a total annual volatility of 0.3569 ETB. From a start-to-finish perspective, comparing the January average rate of 3.2924 to the December average rate of 3.1090, the exchange rate registered a net change of -5.57% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2013 high of 3.3641 was up 2.32% compared to the 2012 peak of 3.2877, 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 2013.
NOK to ETB 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 3.2300, compared to 3.1411 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0889 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2013 was June, with a trading range of 0.2002 ETB (High: 3.2681 / Low: 3.0679). On the other end, December was the most stable month, with a tight range of 0.0618 ETB (High: 3.1460 / Low: 3.0842).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2013. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1151 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2013: 3.3094) against the same month in 2012 (average: 3.0403), the exchange rate shifted by +0.2691 (+8.85%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.3472 | 3.2562 | 3.2924 |
| February | 3.3641 | 3.2270 | 3.3094 |
| March | 3.2395 | 3.1254 | 3.1943 |
| April | 3.2465 | 3.1458 | 3.2013 |
| May | 3.2349 | 3.1674 | 3.1993 |
| June | 3.2681 | 3.0679 | 3.1831 |
| July | 3.1798 | 3.0072 | 3.1104 |
| August | 3.2203 | 3.0855 | 3.1579 |
| September | 3.2434 | 3.0840 | 3.1571 |
| October | 3.2219 | 3.1302 | 3.1842 |
| November | 3.1916 | 3.0703 | 3.1281 |
| December | 3.1460 | 3.0842 | 3.1090 |