YEARLY HIGH
18.6763 JMD
YEARLY LOW
15.2916 JMD
YEARLY AVERAGE
17.6374 JMD

2014 NOK to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NOK to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 8, valuing the pair at 18.6763. Conversely, the yearly low was recorded on December 28, dropping to 15.2916.

This high-to-low spread represents a total annual volatility of 3.3847 JMD. From a start-to-finish perspective, comparing the January average rate of 17.2865 to the December average rate of 15.6090, the exchange rate registered a net change of -9.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 18.6763 was up 5.30% compared to the 2013 peak of 17.7356, 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 93,382 JMD
2013 Average 84,848 JMD
Yearly Trough Low 76,458 JMD
Transaction Impact: A difference of 16,923.47 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

18.9014
15.3097
JanuMarcMayJulySeptNove

NOK to JMD 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 18.0499, compared to 17.2249 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8250 points.

H1 Avg (Jan–Jun) 18.0499
H2 Avg (Jul–Dec) 17.2249

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 1.0034 JMD (High: 16.2950 / Low: 15.2916). On the other end, April was the most stable month, with a tight range of 0.2073 JMD (High: 18.4342 / Low: 18.2268).

December Spread (Volatile) ±1.0034
April Spread (Stable) ±0.2073

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 0.9344 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.9344

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 18.6021) against the same month in 2013 (average: 16.9313), the exchange rate shifted by +1.6708 (+9.87%).

2014 Avg (May) 18.6021
2013 Avg (May) 16.9313

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.4699 17.1135 17.2865
February 17.9625 17.0568 17.5480
March 18.2653 17.8967 18.1172
April 18.4342 18.2268 18.3185
May 18.6763 18.4312 18.6021
June 18.6684 18.1892 18.4274
July 18.2307 17.9219 18.1351
August 18.3266 17.9327 18.1560
September 18.2074 17.4571 17.7352
October 17.4504 16.7292 17.1709
November 16.7303 16.1242 16.5434
December 16.2950 15.2916 15.6090