2014 NOK to XOF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 NOK to XOF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the NOK to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 10, valuing the pair at 80.9608. Conversely, the yearly low was recorded on December 16, dropping to 70.5507.
This high-to-low spread represents a total annual volatility of 10.4102 XOF. From a start-to-finish perspective, comparing the January average rate of 78.3109 to the December average rate of 72.9753, the exchange rate registered a net change of -6.81% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 80.9608 was down 10.03% compared to the 2013 peak of 89.9833, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
NOK to XOF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 79.3045, compared to 77.8588 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.4457 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was December, with a trading range of 5.0929 XOF (High: 75.6435 / Low: 70.5507). On the other end, July was the most stable month, with a tight range of 0.8593 XOF (High: 78.7332 / Low: 77.8739).
Growth Streaks & Declines
TrendsBetween 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 4.1639 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2014: 79.9455) against the same month in 2013 (average: 84.7090), the exchange rate shifted by -4.7635 (-5.62%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 78.8565 | 77.5792 | 78.3109 |
| February | 79.3351 | 77.2915 | 78.4822 |
| March | 79.5860 | 78.4826 | 79.1054 |
| April | 80.2393 | 78.8437 | 79.5153 |
| May | 80.8873 | 79.5865 | 80.4678 |
| June | 80.9608 | 78.3767 | 79.9455 |
| July | 78.7332 | 77.8739 | 78.2801 |
| August | 80.6560 | 78.0423 | 79.5413 |
| September | 80.8279 | 79.0376 | 80.1493 |
| October | 80.6481 | 77.4874 | 79.0678 |
| November | 77.8190 | 74.8776 | 77.1392 |
| December | 75.6435 | 70.5507 | 72.9753 |