2013 NOK to ZAR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2013.
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.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2013.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |