2014 NOK to ZAR Historical Review

YEARLY HIGH

1.8269 ZAR

YEARLY LOW

1.5484 ZAR

YEARLY AVERAGE

1.7240 ZAR

2014 NOK to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the NOK to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 29, valuing the pair at 1.8269. Conversely, the yearly low was recorded on December 31, dropping to 1.5484.

This high-to-low spread represents a total annual volatility of 0.2786 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.7631 to the December average rate of 1.5746, the exchange rate registered a net change of -10.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.8269 was up 3.89% compared to the 2013 peak of 1.7586, 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 9,135 ZAR

2013 Average 8,199 ZAR

Yearly Trough Low 7,742 ZAR

Transaction Impact: A difference of 1,392.79 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.8122

1.5530

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 1.7708, compared to 1.6773 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0935 points.

H1 Avg (Jan–Jun) 1.7708

H2 Avg (Jul–Dec) 1.6773

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 0.1234 ZAR (High: 1.7481 / Low: 1.6247). On the other end, April was the most stable month, with a tight range of 0.0239 ZAR (High: 1.7738 / Low: 1.7499).

October Spread (Volatile) ±0.1234

April Spread (Stable) ±0.0239

Growth Streaks & Declines

Trends

Between January and March, 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 October and November, when the average rate fell by 0.0664 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0664

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 1.7631) against the same month in 2013 (average: 1.5794), the exchange rate shifted by +0.1837 (+11.63%).

2014 Avg (January) 1.7631

2013 Avg (January) 1.5794

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8269	1.7252	1.7631
February	1.8124	1.7682	1.7900
March	1.8172	1.7605	1.7906
April	1.7738	1.7499	1.7633
May	1.7704	1.7300	1.7516
June	1.8031	1.7285	1.7660
July	1.7462	1.6905	1.7210
August	1.7383	1.7011	1.7198
September	1.7570	1.7032	1.7299
October	1.7481	1.6247	1.6923
November	1.6544	1.5755	1.6259
December	1.6103	1.5484	1.5746