YEARLY HIGH
0.0870 NOK
YEARLY LOW
0.0757 NOK
YEARLY AVERAGE
0.0812 NOK

2015 CVE to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the CVE to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0870. Conversely, the yearly low was recorded on April 29, dropping to 0.0757.

This high-to-low spread represents a total annual volatility of 0.0114 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0811 to the December average rate of 0.0859, the exchange rate registered a net change of 5.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0870 was up 2.97% compared to the 2014 peak of 0.0845, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 435 NOK
2014 Average 381 NOK
Yearly Trough Low 378 NOK
Transaction Impact: A difference of 56.82 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0868
0.0757
JanuMarcMayJulySeptNove

CVE 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 0.0786, compared to 0.0838 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0052 points.

H1 Avg (Jan–Jun) 0.0786
H2 Avg (Jul–Dec) 0.0838

Volatility Range Comparison

Volatility

The most volatile month in 2015 was August, with a trading range of 0.0051 NOK (High: 0.0865 / Low: 0.0814). On the other end, February was the most stable month, with a tight range of 0.0016 NOK (High: 0.0792 / Low: 0.0776).

August Spread (Volatile) ±0.0051
February Spread (Stable) ±0.0016

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 January and February, when the average rate fell by 0.0028 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0028

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.0859) against the same month in 2014 (average: 0.0818), the exchange rate shifted by +0.0041 (+4.96%).

2015 Avg (December) 0.0859
2014 Avg (December) 0.0818

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0843 0.0793 0.0811
February 0.0792 0.0776 0.0783
March 0.0802 0.0776 0.0786
April 0.0800 0.0757 0.0776
May 0.0782 0.0758 0.0767
June 0.0803 0.0785 0.0794
July 0.0825 0.0794 0.0810
August 0.0865 0.0814 0.0833
September 0.0870 0.0833 0.0844
October 0.0857 0.0832 0.0841
November 0.0849 0.0833 0.0840
December 0.0870 0.0833 0.0859