YEARLY HIGH
1.2786 NOK
YEARLY LOW
1.0598 NOK
YEARLY AVERAGE
1.1677 NOK

2015 BOB to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the BOB to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1.2786. Conversely, the yearly low was recorded on May 16, dropping to 1.0598.

This high-to-low spread represents a total annual volatility of 0.2189 NOK. From a start-to-finish perspective, comparing the January average rate of 1.1097 to the December average rate of 1.2580, the exchange rate registered a net change of 13.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 1.2786 was up 18.23% compared to the 2014 peak of 1.0815, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,393 NOK
2014 Average 4,563 NOK
Yearly Trough Low 5,299 NOK
Transaction Impact: A difference of 1,094.35 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

1.2744
1.0779
JanuMarcMayJulySeptNove

BOB 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 1.1226, compared to 1.2129 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0902 points.

H1 Avg (Jan–Jun) 1.1226
H2 Avg (Jul–Dec) 1.2129

Volatility Range Comparison

Volatility

The most volatile month in 2015 was March, with a trading range of 0.0922 NOK (High: 1.2015 / Low: 1.1093). On the other end, February was the most stable month, with a tight range of 0.0266 NOK (High: 1.1153 / Low: 1.0887).

March Spread (Volatile) ±0.0922
February Spread (Stable) ±0.0266

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 0.0499 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0499

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 1.2580) against the same month in 2014 (average: 1.0568), the exchange rate shifted by +0.2012 (+19.04%).

2015 Avg (December) 1.2580
2014 Avg (December) 1.0568

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1321 1.0814 1.1097
February 1.1153 1.0887 1.0995
March 1.2015 1.1093 1.1561
April 1.1737 1.0948 1.1442
May 1.1269 1.0598 1.0943
June 1.1526 1.1138 1.1320
July 1.1908 1.1483 1.1761
August 1.2108 1.1796 1.1955
September 1.2354 1.1740 1.1996
October 1.2370 1.1698 1.1970
November 1.2610 1.2281 1.2509
December 1.2786 1.2331 1.2580