2015 ETB to NOK Historical Review

YEARLY HIGH

0.4168 NOK

YEARLY LOW

0.3560 NOK

YEARLY AVERAGE

0.3897 NOK

2015 ETB to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the ETB to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.4168. Conversely, the yearly low was recorded on May 17, dropping to 0.3560.

This high-to-low spread represents a total annual volatility of 0.0608 NOK. From a start-to-finish perspective, comparing the January average rate of 0.3788 to the December average rate of 0.4113, the exchange rate registered a net change of 8.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.4168 was up 12.74% compared to the 2014 peak of 0.3697, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,084 NOK

2014 Average 1,602 NOK

Yearly Trough Low 1,780 NOK

Transaction Impact: A difference of 304.05 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.4157

0.3634

JanuMarcMayJulySeptNove

ETB 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 0.3794, compared to 0.3999 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0205 points.

H1 Avg (Jan–Jun) 0.3794

H2 Avg (Jul–Dec) 0.3999

Volatility Range Comparison

Volatility

The most volatile month in 2015 was March, with a trading range of 0.0303 NOK (High: 0.4066 / Low: 0.3764). On the other end, August was the most stable month, with a tight range of 0.0085 NOK (High: 0.4006 / Low: 0.3921).

March Spread (Volatile) ±0.0303

August Spread (Stable) ±0.0085

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 0.0184 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0184

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.4113) against the same month in 2014 (average: 0.3620), the exchange rate shifted by +0.0494 (+13.63%).

2015 Avg (December) 0.4113

2014 Avg (December) 0.3620

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3856	0.3697	0.3788
February	0.3801	0.3701	0.3739
March	0.4066	0.3764	0.3917
April	0.3962	0.3683	0.3861
May	0.3782	0.3560	0.3677
June	0.3860	0.3722	0.3783
July	0.3964	0.3825	0.3913
August	0.4006	0.3921	0.3960
September	0.4080	0.3881	0.3965
October	0.4065	0.3852	0.3943
November	0.4129	0.4024	0.4102
December	0.4168	0.4053	0.4113