YEARLY HIGH
3.2221 NOK
YEARLY LOW
2.6282 NOK
YEARLY AVERAGE
2.8807 NOK

2014 TRY to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TRY to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 3.2221. Conversely, the yearly low was recorded on January 26, dropping to 2.6282.

This high-to-low spread represents a total annual volatility of 0.5940 NOK. From a start-to-finish perspective, comparing the January average rate of 2.7748 to the December average rate of 3.1817, the exchange rate registered a net change of 14.66% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 3.2221 was down 1.46% compared to the 2013 peak of 3.2699, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 161,107 NOK
2013 Average 154,485 NOK
Yearly Trough Low 131,408 NOK
Transaction Impact: A difference of 29,699.25 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

3.2287
2.6643
JanuMarcMayJulySeptNove

TRY 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 2.7943, compared to 2.9671 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1728 points.

H1 Avg (Jan–Jun) 2.7943
H2 Avg (Jul–Dec) 2.9671

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 0.2196 NOK (High: 3.0423 / Low: 2.8227). On the other end, May was the most stable month, with a tight range of 0.0438 NOK (High: 2.8626 / Low: 2.8187).

October Spread (Volatile) ±0.2196
May Spread (Stable) ±0.0438

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 February and March, when the average rate fell by 0.0624 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0624

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 3.1817) against the same month in 2013 (average: 2.9731), the exchange rate shifted by +0.2086 (+7.02%).

2014 Avg (December) 3.1817
2013 Avg (December) 2.9731

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.8443 2.6282 2.7748
February 2.8091 2.7176 2.7738
March 2.7899 2.6624 2.7114
April 2.8477 2.7872 2.8139
May 2.8626 2.8187 2.8407
June 2.8923 2.7954 2.8513
July 2.9720 2.8876 2.9232
August 2.9406 2.8268 2.8716
September 2.9126 2.8244 2.8685
October 3.0423 2.8227 2.9032
November 3.1658 3.0125 3.0543
December 3.2221 3.1395 3.1817