YEARLY HIGH
0.1185 NOK
YEARLY LOW
0.0970 NOK
YEARLY AVERAGE
0.1033 NOK

2014 BTN to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BTN to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 0.1185. Conversely, the yearly low was recorded on March 1, dropping to 0.0970.

This high-to-low spread represents a total annual volatility of 0.0215 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0992 to the December average rate of 0.1163, the exchange rate registered a net change of 17.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1185 was up 9.09% compared to the 2013 peak of 0.1086, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 592 NOK
2013 Average 503 NOK
Yearly Trough Low 485 NOK
Transaction Impact: A difference of 107.27 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1181
0.0966
JanuMarcMayJulySeptNove

BTN to NOK 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 0.0994, compared to 0.1072 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0078 points.

H1 Avg (Jan–Jun) 0.0994
H2 Avg (Jul–Dec) 0.1072

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 0.0064 NOK (High: 0.1185 / Low: 0.1120). On the other end, April was the most stable month, with a tight range of 0.0019 NOK (High: 0.1001 / Low: 0.0982).

December Spread (Volatile) ±0.0064
April Spread (Stable) ±0.0019

Growth Streaks & Declines

Trends

Between March and July, 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 July and August, when the average rate fell by 0.0013 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.1163) against the same month in 2013 (average: 0.0993), the exchange rate shifted by +0.0171 (+17.21%).

2014 Avg (December) 0.1163
2013 Avg (December) 0.0993

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1002 0.0975 0.0992
February 0.1004 0.0970 0.0985
March 0.1004 0.0970 0.0984
April 0.1001 0.0982 0.0991
May 0.1021 0.0984 0.1001
June 0.1020 0.0995 0.1011
July 0.1040 0.1021 0.1031
August 0.1032 0.1006 0.1019
September 0.1056 0.1021 0.1044
October 0.1099 0.1045 0.1067
November 0.1132 0.1091 0.1106
December 0.1185 0.1120 0.1163