YEARLY HIGH
0.6677 QAR
YEARLY LOW
0.5823 QAR
YEARLY AVERAGE
0.6201 QAR

2013 NOK to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the NOK to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.6677. Conversely, the yearly low was recorded on July 7, dropping to 0.5823.

This high-to-low spread represents a total annual volatility of 0.0855 QAR. From a start-to-finish perspective, comparing the January average rate of 0.6552 to the December average rate of 0.5926, the exchange rate registered a net change of -9.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.6677 was up 1.99% compared to the 2012 peak of 0.6547, 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 3,339 QAR
2012 Average 3,131 QAR
Yearly Trough Low 2,911 QAR
Transaction Impact: A difference of 427.26 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.6615
0.5863
JanuMarcMayJulySeptNove

NOK to QAR 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 0.6357, compared to 0.6045 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0312 points.

H1 Avg (Jan–Jun) 0.6357
H2 Avg (Jul–Dec) 0.6045

Volatility Range Comparison

Volatility

The most volatile month in 2013 was June, with a trading range of 0.0411 QAR (High: 0.6374 / Low: 0.5963). On the other end, December was the most stable month, with a tight range of 0.0108 QAR (High: 0.5990 / Low: 0.5882).

June Spread (Volatile) ±0.0411
December Spread (Stable) ±0.0108

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2013. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0247 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0247

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2013: 0.6549) against the same month in 2012 (average: 0.6375), the exchange rate shifted by +0.0174 (+2.73%).

2013 Avg (February) 0.6549
2012 Avg (February) 0.6375

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6653 0.6498 0.6552
February 0.6677 0.6363 0.6549
March 0.6413 0.6226 0.6302
April 0.6376 0.6174 0.6288
May 0.6302 0.6183 0.6251
June 0.6374 0.5963 0.6199
July 0.6163 0.5823 0.6037
August 0.6222 0.5954 0.6110
September 0.6242 0.5951 0.6089
October 0.6182 0.6038 0.6120
November 0.6116 0.5886 0.5986
December 0.5990 0.5882 0.5926