2014 NOK to TOP Historical Review

YEARLY HIGH

0.3141 TOP

YEARLY LOW

0.2625 TOP

YEARLY AVERAGE

0.3000 TOP

2014 NOK to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NOK to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 0.3141. Conversely, the yearly low was recorded on December 28, dropping to 0.2625.

This high-to-low spread represents a total annual volatility of 0.0516 TOP. From a start-to-finish perspective, comparing the January average rate of 0.3025 to the December average rate of 0.2690, 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 0.3141 was down 0.89% compared to the 2013 peak of 0.3169, 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 1,571 TOP

2013 Average 1,524 TOP

Yearly Trough Low 1,313 TOP

Transaction Impact: A difference of 257.96 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.3163

0.2647

JanuMarcMayJulySeptNove

NOK to TOP 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 0.3072, compared to 0.2929 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0143 points.

H1 Avg (Jan–Jun) 0.3072

H2 Avg (Jul–Dec) 0.2929

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0213 TOP (High: 0.2839 / Low: 0.2625). On the other end, May was the most stable month, with a tight range of 0.0055 TOP (High: 0.3134 / Low: 0.3079).

December Spread (Volatile) ±0.0213

May Spread (Stable) ±0.0055

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 0.0227 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0227

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2014: 0.3077) against the same month in 2013 (average: 0.3042), the exchange rate shifted by +0.0035 (+1.14%).

2014 Avg (June) 0.3077

2013 Avg (June) 0.3042

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3066	0.2993	0.3025
February	0.3100	0.2996	0.3052
March	0.3132	0.3014	0.3093
April	0.3122	0.3024	0.3062
May	0.3134	0.3079	0.3120
June	0.3141	0.3011	0.3077
July	0.3001	0.2914	0.2974
August	0.3062	0.2969	0.2997
September	0.3042	0.2945	0.3001
October	0.3040	0.2925	0.2995
November	0.2953	0.2837	0.2917
December	0.2839	0.2625	0.2690