YEARLY HIGH
0.6294 GHS
YEARLY LOW
0.3801 GHS
YEARLY AVERAGE
0.4827 GHS

2014 NOK to GHS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NOK to GHS exchange rate experienced significant fluctuation. The market reached its absolute peak on August 19, valuing the pair at 0.6294. Conversely, the yearly low was recorded on January 4, dropping to 0.3801.

This high-to-low spread represents a total annual volatility of 0.2494 GHS. From a start-to-finish perspective, comparing the January average rate of 0.3873 to the December average rate of 0.4389, the exchange rate registered a net change of 13.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.6294 was up 61.62% compared to the 2013 peak of 0.3894, 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 3,147 GHS
2013 Average 1,756 GHS
Yearly Trough Low 1,900 GHS
Transaction Impact: A difference of 1,246.80 GHS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.6073
0.3674
JanuMarcMayJulySeptNove

NOK to GHS 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 0.4491, compared to 0.5163 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0672 points.

H1 Avg (Jan–Jun) 0.4491
H2 Avg (Jul–Dec) 0.5163

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.1090 GHS (High: 0.6142 / Low: 0.5052). On the other end, January was the most stable month, with a tight range of 0.0171 GHS (High: 0.3972 / Low: 0.3801).

September Spread (Volatile) ±0.1090
January Spread (Stable) ±0.0171

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0687 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0687

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2014: 0.5873) against the same month in 2013 (average: 0.3544), the exchange rate shifted by +0.2328 (+65.69%).

2014 Avg (August) 0.5873
2013 Avg (August) 0.3544

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3972 0.3801 0.3873
February 0.4274 0.3815 0.4069
March 0.4485 0.4232 0.4321
April 0.4745 0.4487 0.4624
May 0.5050 0.4749 0.4904
June 0.5339 0.4982 0.5156
July 0.5655 0.5280 0.5451
August 0.6294 0.5378 0.5873
September 0.6142 0.5052 0.5622
October 0.5068 0.4811 0.4935
November 0.4809 0.4552 0.4708
December 0.4601 0.4283 0.4389