YEARLY HIGH
27.6781 NGN
YEARLY LOW
24.1186 NGN
YEARLY AVERAGE
26.2386 NGN

2014 NOK to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NOK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 11, valuing the pair at 27.6781. Conversely, the yearly low was recorded on December 15, dropping to 24.1186.

This high-to-low spread represents a total annual volatility of 3.5595 NGN. From a start-to-finish perspective, comparing the January average rate of 26.0142 to the December average rate of 24.9340, the exchange rate registered a net change of -4.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 27.6781 was down 3.98% compared to the 2013 peak of 28.8251, 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 138,391 NGN
2013 Average 135,537 NGN
Yearly Trough Low 120,593 NGN
Transaction Impact: A difference of 17,797.44 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

27.7068
24.6819
JanuMarcMayJulySeptNove

NOK to NGN 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 26.9276, compared to 25.5497 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3779 points.

H1 Avg (Jan–Jun) 26.9276
H2 Avg (Jul–Dec) 25.5497

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 2.1565 NGN (High: 26.2752 / Low: 24.1186). On the other end, March was the most stable month, with a tight range of 0.4493 NGN (High: 27.6781 / Low: 27.2289).

December Spread (Volatile) ±2.1565
March Spread (Stable) ±0.4493

Growth Streaks & Declines

Trends

Between January and March, 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 June and July, when the average rate fell by 0.8077 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.8077

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 27.4547) against the same month in 2013 (average: 27.4161), the exchange rate shifted by +0.0386 (+0.14%).

2014 Avg (March) 27.4547
2013 Avg (March) 27.4161

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 26.4820 25.7450 26.0142
February 27.5213 25.8600 26.7468
March 27.6781 27.2289 27.4547
April 27.5333 26.7384 27.1183
May 27.4189 26.6989 27.2260
June 27.5200 26.5386 27.0056
July 26.4321 25.7841 26.1980
August 26.4192 25.6242 26.1419
September 26.2539 25.3972 25.6981
October 25.4827 24.5809 25.1516
November 26.0048 24.2701 25.1745
December 26.2752 24.1186 24.9340