YEARLY HIGH
80.9608 XOF
YEARLY LOW
70.5507 XOF
YEARLY AVERAGE
78.5817 XOF

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NOK based on timing:

Yearly Peak High 404,804 XOF
2013 Average 420,712 XOF
Yearly Trough Low 352,753 XOF
Transaction Impact: A difference of 52,050.93 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

81.2171
72.2260
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 79.3045
H2 Avg (Jul–Dec) 77.8588

Volatility Range Comparison

Volatility

The 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).

December Spread (Volatile) ±5.0929
July Spread (Stable) ±0.8593

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 4.1639 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -4.1639

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2014 Avg (June) 79.9455
2013 Avg (June) 84.7090

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