2014 NOK to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 NOK to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the NOK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 418.6762. Conversely, the yearly low was recorded on December 15, dropping to 343.0794.
This high-to-low spread represents a total annual volatility of 75.5969 MGA. From a start-to-finish perspective, comparing the January average rate of 368.2860 to the December average rate of 356.2752, the exchange rate registered a net change of -3.26% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 418.6762 was up 2.49% compared to the 2013 peak of 408.4956, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
NOK to MGA Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 388.5153, compared to 396.4695 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.9543 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was December, with a trading range of 38.8928 MGA (High: 381.9721 / Low: 343.0794). On the other end, April was the most stable month, with a tight range of 8.2532 MGA (High: 398.1331 / Low: 389.8800).
Growth Streaks & Declines
TrendsBetween 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 41.0959 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2014: 412.1103) against the same month in 2013 (average: 374.2026), the exchange rate shifted by +37.9077 (+10.13%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 373.3583 | 364.2970 | 368.2860 |
| February | 389.8422 | 366.3825 | 379.2612 |
| March | 394.9660 | 386.5646 | 390.9978 |
| April | 398.1331 | 389.8800 | 394.2702 |
| May | 404.6928 | 396.2874 | 400.0790 |
| June | 406.7624 | 384.2682 | 398.1973 |
| July | 404.2408 | 392.7074 | 396.7072 |
| August | 415.4307 | 394.3746 | 406.8548 |
| September | 413.8853 | 401.9030 | 409.4989 |
| October | 418.6762 | 401.1900 | 412.1103 |
| November | 404.6040 | 381.2811 | 397.3710 |
| December | 381.9721 | 343.0794 | 356.2752 |