YEARLY HIGH
1.7586 ZAR
YEARLY LOW
1.5208 ZAR
YEARLY AVERAGE
1.6396 ZAR

2013 NOK to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the NOK to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on June 10, valuing the pair at 1.7586. Conversely, the yearly low was recorded on January 1, dropping to 1.5208.

This high-to-low spread represents a total annual volatility of 0.2377 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.5794 to the December average rate of 1.6867, the exchange rate registered a net change of 6.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 1.7586 was up 11.88% compared to the 2012 peak of 1.5718, 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 8,793 ZAR
2012 Average 7,062 ZAR
Yearly Trough Low 7,604 ZAR
Transaction Impact: A difference of 1,188.62 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

1.7191
1.5587
JanuMarcMayJulySeptNove

NOK to ZAR 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 1.6075, compared to 1.6718 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0643 points.

H1 Avg (Jan–Jun) 1.6075
H2 Avg (Jul–Dec) 1.6718

Volatility Range Comparison

Volatility

The most volatile month in 2013 was May, with a trading range of 0.1742 ZAR (High: 1.7110 / Low: 1.5368). On the other end, March was the most stable month, with a tight range of 0.0374 ZAR (High: 1.6092 / Low: 1.5717).

May Spread (Volatile) ±0.1742
March Spread (Stable) ±0.0374

Growth Streaks & Declines

Trends

Between April and June, 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 June and July, when the average rate fell by 0.0605 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0605

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2013: 1.7057) against the same month in 2012 (average: 1.3950), the exchange rate shifted by +0.3108 (+22.28%).

2013 Avg (June) 1.7057
2012 Avg (June) 1.3950

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.6465 1.5208 1.5794
February 1.6305 1.5510 1.5972
March 1.6092 1.5717 1.5900
April 1.5903 1.5485 1.5721
May 1.7110 1.5368 1.6007
June 1.7586 1.6291 1.7057
July 1.6660 1.6266 1.6452
August 1.7211 1.6570 1.6886
September 1.6948 1.6487 1.6694
October 1.6902 1.6467 1.6640
November 1.7201 1.6551 1.6767
December 1.7228 1.6612 1.6867