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2015 NOK to COP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the NOK to COP exchange rate experienced significant fluctuation. The market reached its absolute peak on August 26, valuing the pair at 387.0105. Conversely, the yearly low was recorded on January 28, dropping to 303.2466.
This high-to-low spread represents a total annual volatility of 83.7639 COP. From a start-to-finish perspective, comparing the January average rate of 312.6490 to the December average rate of 373.8821, the exchange rate registered a net change of 19.59% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2015 high of 387.0105 was up 12.59% compared to the 2014 peak of 343.7459, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NOK based on timing:
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NOK to COP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: JanâJun) was 320.3700, compared to 358.2771 in the second half (H2: JulâDec). This shows that the rate was stronger in the second half (JulâDec) by a margin of 37.9071 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was August, with a trading range of 35.3022 COP (High: 387.0105 / Low: 351.7083). On the other end, March was the most stable month, with a tight range of 9.2297 COP (High: 329.6852 / Low: 320.4555).
Growth Streaks & Declines
TrendsBetween April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 16.2543 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2015: 365.5989) against the same month in 2014 (average: 305.9670), the exchange rate shifted by +59.6319 (+19.49%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 317.9632 | 303.2466 | 312.6490 |
| February | 328.4437 | 311.3359 | 318.6361 |
| March | 329.6852 | 320.4555 | 323.8636 |
| April | 324.2325 | 309.7518 | 316.6337 |
| May | 330.0875 | 314.3893 | 322.4975 |
| June | 332.9759 | 321.7855 | 327.9400 |
| July | 351.4035 | 325.6265 | 337.2135 |
| August | 387.0105 | 351.7083 | 365.5989 |
| September | 379.6266 | 360.8836 | 370.5417 |
| October | 364.2833 | 341.9222 | 354.2873 |
| November | 359.6989 | 330.6975 | 348.1392 |
| December | 384.0008 | 359.6081 | 373.8821 |