YEARLY HIGH
19.1476 ISK
YEARLY LOW
16.6199 ISK
YEARLY AVERAGE
18.5337 ISK

2014 NOK to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NOK to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 13, valuing the pair at 19.1476. Conversely, the yearly low was recorded on December 16, dropping to 16.6199.

This high-to-low spread represents a total annual volatility of 2.5277 ISK. From a start-to-finish perspective, comparing the January average rate of 18.8072 to the December average rate of 17.1604, the exchange rate registered a net change of -8.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 19.1476 was down 18.10% compared to the 2013 peak of 23.3789, 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 95,738 ISK
2013 Average 103,988 ISK
Yearly Trough Low 83,100 ISK
Transaction Impact: A difference of 12,638.65 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

19.1355
16.9808
JanuMarcMayJulySeptNove

NOK to ISK 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 18.8007, compared to 18.2666 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5341 points.

H1 Avg (Jan–Jun) 18.8007
H2 Avg (Jul–Dec) 18.2666

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 1.1327 ISK (High: 17.7526 / Low: 16.6199). On the other end, April was the most stable month, with a tight range of 0.2170 ISK (High: 18.8797 / Low: 18.6627).

December Spread (Volatile) ±1.1327
April Spread (Stable) ±0.2170

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.9634 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.9634

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 18.9560) against the same month in 2013 (average: 20.7243), the exchange rate shifted by -1.7684 (-8.53%).

2014 Avg (May) 18.9560
2013 Avg (May) 20.7243

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19.0005 18.4707 18.8072
February 18.7915 18.3812 18.6469
March 18.9042 18.6513 18.8030
April 18.8797 18.6627 18.7721
May 19.1476 18.7841 18.9560
June 19.0780 18.4077 18.8189
July 18.5939 18.2417 18.4348
August 18.9167 18.3229 18.7024
September 18.9444 18.4605 18.7308
October 18.7866 18.0545 18.4476
November 18.4675 17.6033 18.1238
December 17.7526 16.6199 17.1604