YEARLY HIGH
1.8204 SZL
YEARLY LOW
1.5528 SZL
YEARLY AVERAGE
1.7245 SZL

2014 NOK to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NOK to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 1.8204. Conversely, the yearly low was recorded on December 31, dropping to 1.5528.

This high-to-low spread represents a total annual volatility of 0.2676 SZL. From a start-to-finish perspective, comparing the January average rate of 1.7636 to the December average rate of 1.5754, the exchange rate registered a net change of -10.67% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.8204 was up 2.99% compared to the 2013 peak of 1.7675, 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 9,102 SZL
2013 Average 8,200 SZL
Yearly Trough Low 7,764 SZL
Transaction Impact: A difference of 1,338.13 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.8140
1.5537
JanuMarcMayJulySeptNove

NOK to SZL 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 1.7715, compared to 1.6775 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0940 points.

H1 Avg (Jan–Jun) 1.7715
H2 Avg (Jul–Dec) 1.6775

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 0.1236 SZL (High: 1.7476 / Low: 1.6240). On the other end, April was the most stable month, with a tight range of 0.0246 SZL (High: 1.7752 / Low: 1.7507).

October Spread (Volatile) ±0.1236
April Spread (Stable) ±0.0246

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2014. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0675 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0675

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 1.7899) against the same month in 2013 (average: 1.5900), the exchange rate shifted by +0.1999 (+12.57%).

2014 Avg (March) 1.7899
2013 Avg (March) 1.5900

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8155 1.7264 1.7636
February 1.8104 1.7726 1.7923
March 1.8204 1.7628 1.7899
April 1.7752 1.7507 1.7642
May 1.7739 1.7317 1.7526
June 1.7987 1.7278 1.7665
July 1.7476 1.6909 1.7216
August 1.7395 1.7038 1.7208
September 1.7528 1.7041 1.7291
October 1.7476 1.6240 1.6928
November 1.6532 1.5724 1.6253
December 1.6080 1.5528 1.5754