2014 NOK to VEF Historical Review

YEARLY HIGH

1.0662 VEF

YEARLY LOW

0.8445 VEF

YEARLY AVERAGE

1.0021 VEF

2014 NOK to VEF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NOK to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 8, valuing the pair at 1.0662. Conversely, the yearly low was recorded on December 28, dropping to 0.8445.

This high-to-low spread represents a total annual volatility of 0.2218 VEF. From a start-to-finish perspective, comparing the January average rate of 1.0223 to the December average rate of 0.8650, the exchange rate registered a net change of -15.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.0662 was down 3.21% compared to the 2013 peak of 1.1016, 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 5,331 VEF

2013 Average 4,952 VEF

Yearly Trough Low 4,222 VEF

Transaction Impact: A difference of 1,108.85 VEF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.0788

0.8455

JanuMarcMayJulySeptNove

NOK to VEF 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 1.0420, compared to 0.9622 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0798 points.

H1 Avg (Jan–Jun) 1.0420

H2 Avg (Jul–Dec) 0.9622

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0609 VEF (High: 0.9054 / Low: 0.8445). On the other end, May was the most stable month, with a tight range of 0.0127 VEF (High: 1.0662 / Low: 1.0536).

December Spread (Volatile) ±0.0609

May Spread (Stable) ±0.0127

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 0.0580 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0580

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 1.0594) against the same month in 2013 (average: 1.0804), the exchange rate shifted by -0.0210 (-1.94%).

2014 Avg (May) 1.0594

2013 Avg (May) 1.0804

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.0363	1.0043	1.0223
February	1.0466	1.0008	1.0270
March	1.0572	1.0391	1.0486
April	1.0602	1.0459	1.0521
May	1.0662	1.0536	1.0594
June	1.0579	1.0260	1.0425
July	1.0241	1.0023	1.0160
August	1.0255	1.0025	1.0152
September	1.0166	0.9762	0.9923
October	0.9772	0.9365	0.9616
November	0.9344	0.8951	0.9230
December	0.9054	0.8445	0.8650