YEARLY HIGH
0.6168 QAR
YEARLY LOW
0.4873 QAR
YEARLY AVERAGE
0.5796 QAR

2014 NOK to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NOK to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 8, valuing the pair at 0.6168. Conversely, the yearly low was recorded on December 28, dropping to 0.4873.

This high-to-low spread represents a total annual volatility of 0.1295 QAR. From a start-to-finish perspective, comparing the January average rate of 0.5917 to the December average rate of 0.4989, the exchange rate registered a net change of -15.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.6168 was down 7.63% compared to the 2013 peak of 0.6677, 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 3,084 QAR
2013 Average 3,099 QAR
Yearly Trough Low 2,436 QAR
Transaction Impact: A difference of 647.68 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.6243
0.4875
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 0.6029, compared to 0.5563 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0466 points.

H1 Avg (Jan–Jun) 0.6029
H2 Avg (Jul–Dec) 0.5563

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0362 QAR (High: 0.5235 / Low: 0.4873). On the other end, May was the most stable month, with a tight range of 0.0075 QAR (High: 0.6168 / Low: 0.6093).

December Spread (Volatile) ±0.0362
May Spread (Stable) ±0.0075

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 0.0351 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0351

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.6129) against the same month in 2013 (average: 0.6251), the exchange rate shifted by -0.0123 (-1.96%).

2014 Avg (May) 0.6129
2013 Avg (May) 0.6251

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5999 0.5813 0.5917
February 0.6058 0.5796 0.5943
March 0.6119 0.6014 0.6068
April 0.6136 0.6052 0.6088
May 0.6168 0.6093 0.6129
June 0.6121 0.5937 0.6029
July 0.5928 0.5799 0.5878
August 0.5932 0.5799 0.5874
September 0.5885 0.5644 0.5735
October 0.5651 0.5400 0.5561
November 0.5402 0.5179 0.5339
December 0.5235 0.4873 0.4989