YEARLY HIGH
0.3805 TRY
YEARLY LOW
0.3104 TRY
YEARLY AVERAGE
0.3478 TRY

2014 NOK to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NOK to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on January 26, valuing the pair at 0.3805. Conversely, the yearly low was recorded on December 28, dropping to 0.3104.

This high-to-low spread represents a total annual volatility of 0.0701 TRY. From a start-to-finish perspective, comparing the January average rate of 0.3606 to the December average rate of 0.3143, the exchange rate registered a net change of -12.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.3805 was up 7.75% compared to the 2013 peak of 0.3531, 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 1,902 TRY
2013 Average 1,620 TRY
Yearly Trough Low 1,552 TRY
Transaction Impact: A difference of 350.71 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.3743
0.3089
JanuMarcMayJulySeptNove

NOK to TRY 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 0.3580, compared to 0.3376 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0205 points.

H1 Avg (Jan–Jun) 0.3580
H2 Avg (Jul–Dec) 0.3376

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0289 TRY (High: 0.3805 / Low: 0.3516). On the other end, May was the most stable month, with a tight range of 0.0054 TRY (High: 0.3548 / Low: 0.3493).

January Spread (Volatile) ±0.0289
May Spread (Stable) ±0.0054

Growth Streaks & Declines

Trends

Between July and September, 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 October and November, when the average rate fell by 0.0171 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0171

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 0.3606) against the same month in 2013 (average: 0.3187), the exchange rate shifted by +0.0419 (+13.14%).

2014 Avg (January) 0.3606
2013 Avg (January) 0.3187

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3805 0.3516 0.3606
February 0.3680 0.3560 0.3605
March 0.3756 0.3584 0.3689
April 0.3588 0.3512 0.3554
May 0.3548 0.3493 0.3520
June 0.3577 0.3457 0.3507
July 0.3463 0.3365 0.3421
August 0.3538 0.3401 0.3483
September 0.3541 0.3433 0.3486
October 0.3543 0.3287 0.3446
November 0.3319 0.3159 0.3275
December 0.3185 0.3104 0.3143