YEARLY HIGH
23.4397 NOK
YEARLY LOW
19.4143 NOK
YEARLY AVERAGE
21.3822 NOK

2015 BHD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the BHD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 23.4397. Conversely, the yearly low was recorded on May 17, dropping to 19.4143.

This high-to-low spread represents a total annual volatility of 4.0254 NOK. From a start-to-finish perspective, comparing the January average rate of 20.3408 to the December average rate of 23.0289, the exchange rate registered a net change of 13.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 23.4397 was up 18.32% compared to the 2014 peak of 19.8105, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 117,198 NOK
2014 Average 83,638 NOK
Yearly Trough Low 97,072 NOK
Transaction Impact: A difference of 20,126.95 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

23.3278
19.7409
JanuMarcMayJulySeptNove

BHD 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 20.5645, compared to 22.2000 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6355 points.

H1 Avg (Jan–Jun) 20.5645
H2 Avg (Jul–Dec) 22.2000

Volatility Range Comparison

Volatility

The most volatile month in 2015 was March, with a trading range of 1.6833 NOK (High: 22.0088 / Low: 20.3255). On the other end, August was the most stable month, with a tight range of 0.4216 NOK (High: 22.0878 / Low: 21.6661).

March Spread (Volatile) ±1.6833
August Spread (Stable) ±0.4216

Growth Streaks & Declines

Trends

Between May and September, 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 April and May, when the average rate fell by 0.9182 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.9182

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 23.0289) against the same month in 2014 (average: 19.3711), the exchange rate shifted by +3.6578 (+18.88%).

2015 Avg (December) 23.0289
2014 Avg (December) 19.3711

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.7401 19.8829 20.3408
February 20.4859 19.9555 20.1503
March 22.0088 20.3255 21.1844
April 21.5067 20.0382 20.9580
May 20.6489 19.4143 20.0398
June 21.1221 20.3744 20.7139
July 21.7904 21.0090 21.5254
August 22.0878 21.6661 21.8521
September 22.6246 21.5107 21.9601
October 22.6647 21.4258 21.9288
November 23.0789 22.4807 22.9046
December 23.4397 22.5601 23.0289