2014 NOK to PEN Historical Review

YEARLY HIGH

0.4736 PEN

YEARLY LOW

0.3982 PEN

YEARLY AVERAGE

0.4514 PEN

2014 NOK to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NOK to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 7, valuing the pair at 0.4736. Conversely, the yearly low was recorded on December 28, dropping to 0.3982.

This high-to-low spread represents a total annual volatility of 0.0755 PEN. From a start-to-finish perspective, comparing the January average rate of 0.4565 to the December average rate of 0.4058, the exchange rate registered a net change of -11.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.4736 was down 1.04% compared to the 2013 peak of 0.4786, 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 2,368 PEN

2013 Average 2,298 PEN

Yearly Trough Low 1,991 PEN

Transaction Impact: A difference of 377.31 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.4761

0.3994

JanuMarcMayJulySeptNove

NOK to PEN 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 0.4638, compared to 0.4389 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0248 points.

H1 Avg (Jan–Jun) 0.4638

H2 Avg (Jul–Dec) 0.4389

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0223 PEN (High: 0.4205 / Low: 0.3982). On the other end, March was the most stable month, with a tight range of 0.0072 PEN (High: 0.4716 / Low: 0.4644).

December Spread (Volatile) ±0.0223

March Spread (Stable) ±0.0072

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 November and December, when the average rate fell by 0.0230 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0230

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.4698) against the same month in 2013 (average: 0.4537), the exchange rate shifted by +0.0161 (+3.54%).

2014 Avg (May) 0.4698

2013 Avg (May) 0.4537

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4610	0.4508	0.4565
February	0.4660	0.4494	0.4593
March	0.4716	0.4644	0.4677
April	0.4712	0.4633	0.4668
May	0.4736	0.4628	0.4698
June	0.4683	0.4561	0.4626
July	0.4548	0.4450	0.4498
August	0.4603	0.4460	0.4540
September	0.4605	0.4453	0.4514
October	0.4503	0.4336	0.4437
November	0.4344	0.4150	0.4289
December	0.4205	0.3982	0.4058