YEARLY HIGH
1.3133 HKD
YEARLY LOW
1.0386 HKD
YEARLY AVERAGE
1.2343 HKD

2014 NOK to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NOK to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 8, valuing the pair at 1.3133. Conversely, the yearly low was recorded on December 28, dropping to 1.0386.

This high-to-low spread represents a total annual volatility of 0.2747 HKD. From a start-to-finish perspective, comparing the January average rate of 1.2604 to the December average rate of 1.0623, the exchange rate registered a net change of -15.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.3133 was down 7.69% compared to the 2013 peak of 1.4227, 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 6,567 HKD
2013 Average 6,603 HKD
Yearly Trough Low 5,193 HKD
Transaction Impact: A difference of 1,373.67 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.3294
1.0381
JanuMarcMayJulySeptNove

NOK to HKD 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 1.2842, compared to 1.1844 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0998 points.

H1 Avg (Jan–Jun) 1.2842
H2 Avg (Jul–Dec) 1.1844

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0763 HKD (High: 1.1149 / Low: 1.0386). On the other end, May was the most stable month, with a tight range of 0.0156 HKD (High: 1.3133 / Low: 1.2977).

December Spread (Volatile) ±0.0763
May Spread (Stable) ±0.0156

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 0.0747 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0747

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 1.3051) against the same month in 2013 (average: 1.3327), the exchange rate shifted by -0.0276 (-2.07%).

2014 Avg (May) 1.3051
2013 Avg (May) 1.3327

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2775 1.2395 1.2604
February 1.2908 1.2351 1.2663
March 1.3046 1.2813 1.2933
April 1.3065 1.2888 1.2964
May 1.3133 1.2977 1.3051
June 1.3034 1.2639 1.2838
July 1.2621 1.2343 1.2513
August 1.2627 1.2343 1.2503
September 1.2523 1.2009 1.2210
October 1.2045 1.1500 1.1846
November 1.1508 1.1028 1.1370
December 1.1149 1.0386 1.0623