YEARLY HIGH
0.6575 NOK
YEARLY LOW
0.5686 NOK
YEARLY AVERAGE
0.6105 NOK

2013 ZAR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the ZAR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.6575. Conversely, the yearly low was recorded on June 10, dropping to 0.5686.

This high-to-low spread represents a total annual volatility of 0.0889 NOK. From a start-to-finish perspective, comparing the January average rate of 0.6336 to the December average rate of 0.5929, the exchange rate registered a net change of -6.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2013 high of 0.6575 was down 14.25% compared to the 2012 peak of 0.7668, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 32,876 NOK
2012 Average 35,504 NOK
Yearly Trough Low 28,432 NOK
Transaction Impact: A difference of 4,444.26 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

0.6411
0.5816
JanuMarcMayJulySeptNove

ZAR 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 0.6228, compared to 0.5983 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0245 points.

H1 Avg (Jan–Jun) 0.6228
H2 Avg (Jul–Dec) 0.5983

Volatility Range Comparison

Volatility

The most volatile month in 2013 was May, with a trading range of 0.0662 NOK (High: 0.6507 / Low: 0.5845). On the other end, July was the most stable month, with a tight range of 0.0146 NOK (High: 0.6148 / Low: 0.6002).

May Spread (Volatile) ±0.0662
July Spread (Stable) ±0.0146

Growth Streaks & Declines

Trends

Between February and April, 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 May and June, when the average rate fell by 0.0387 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0387

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2013: 0.6336) against the same month in 2012 (average: 0.7429), the exchange rate shifted by -0.1094 (-14.72%).

2013 Avg (January) 0.6336
2012 Avg (January) 0.7429

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6575 0.6074 0.6336
February 0.6448 0.6133 0.6262
March 0.6362 0.6214 0.6289
April 0.6458 0.6288 0.6361
May 0.6507 0.5845 0.6253
June 0.6138 0.5686 0.5866
July 0.6148 0.6002 0.6078
August 0.6035 0.5810 0.5923
September 0.6065 0.5900 0.5990
October 0.6073 0.5916 0.6010
November 0.6042 0.5814 0.5965
December 0.6020 0.5805 0.5929