YEARLY HIGH
0.3038 GEL
YEARLY LOW
0.2647 GEL
YEARLY AVERAGE
0.2835 GEL

2013 NOK to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the NOK to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.3038. Conversely, the yearly low was recorded on July 7, dropping to 0.2647.

This high-to-low spread represents a total annual volatility of 0.0390 GEL. From a start-to-finish perspective, comparing the January average rate of 0.2984 to the December average rate of 0.2820, the exchange rate registered a net change of -5.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.3038 was down 0.38% compared to the 2012 peak of 0.3049, 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 1,519 GEL
2012 Average 1,436 GEL
Yearly Trough Low 1,324 GEL
Transaction Impact: A difference of 195.24 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.3008
0.2720
JanuMarcMayJulySeptNove

NOK to GEL 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 0.2888, compared to 0.2781 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0106 points.

H1 Avg (Jan–Jun) 0.2888
H2 Avg (Jul–Dec) 0.2781

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 0.0195 GEL (High: 0.2900 / Low: 0.2705). On the other end, January was the most stable month, with a tight range of 0.0068 GEL (High: 0.3027 / Low: 0.2959).

June Spread (Volatile) ±0.0195
January Spread (Stable) ±0.0068

Growth Streaks & Declines

Trends

No 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 0.0107 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0107

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2013: 0.2979) against the same month in 2012 (average: 0.2903), the exchange rate shifted by +0.0076 (+2.61%).

2013 Avg (February) 0.2979
2012 Avg (February) 0.2903

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3027 0.2959 0.2984
February 0.3038 0.2890 0.2979
March 0.2921 0.2835 0.2871
April 0.2895 0.2810 0.2856
May 0.2858 0.2784 0.2818
June 0.2900 0.2705 0.2819
July 0.2802 0.2647 0.2744
August 0.2834 0.2715 0.2787
September 0.2845 0.2714 0.2778
October 0.2833 0.2758 0.2799
November 0.2811 0.2712 0.2760
December 0.2875 0.2764 0.2820