YEARLY HIGH
50.0834 MRO
YEARLY LOW
38.9489 MRO
YEARLY AVERAGE
46.5060 MRO

2014 NOK to MRO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NOK to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on April 13, valuing the pair at 50.0834. Conversely, the yearly low was recorded on December 28, dropping to 38.9489.

This high-to-low spread represents a total annual volatility of 11.1345 MRO. From a start-to-finish perspective, comparing the January average rate of 47.2491 to the December average rate of 39.8488, the exchange rate registered a net change of -15.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 50.0834 was down 9.20% compared to the 2013 peak of 55.1578, 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 250,417 MRO
2013 Average 249,969 MRO
Yearly Trough Low 194,745 MRO
Transaction Impact: A difference of 55,672.53 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

50.4094
38.8888
JanuMarcMayJulySeptNove

NOK to MRO 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 48.4427, compared to 44.5693 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.8734 points.

H1 Avg (Jan–Jun) 48.4427
H2 Avg (Jul–Dec) 44.5693

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 2.7287 MRO (High: 41.6776 / Low: 38.9489). On the other end, July was the most stable month, with a tight range of 0.8678 MRO (High: 47.5056 / Low: 46.6378).

December Spread (Volatile) ±2.7287
July Spread (Stable) ±0.8678

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 2.9661 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -2.9661

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2014: 49.3428) against the same month in 2013 (average: 47.2984), the exchange rate shifted by +2.0443 (+4.32%).

2014 Avg (April) 49.3428
2013 Avg (April) 47.2984

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 47.9154 46.4583 47.2491
February 48.3717 46.2922 47.4772
March 49.5686 48.1350 48.7377
April 50.0834 48.7228 49.3428
May 49.9218 48.8739 49.4494
June 49.2469 47.4607 48.4000
July 47.5056 46.6378 47.1023
August 47.6837 46.4163 47.1157
September 47.1360 45.1769 45.9271
October 45.2407 43.5972 44.6072
November 43.6027 41.4085 42.8149
December 41.6776 38.9489 39.8488