YEARLY HIGH
0.0682 NOK
YEARLY LOW
0.0560 NOK
YEARLY AVERAGE
0.0612 NOK

2015 ISK to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the ISK to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0682. Conversely, the yearly low was recorded on May 17, dropping to 0.0560.

This high-to-low spread represents a total annual volatility of 0.0122 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0584 to the December average rate of 0.0670, the exchange rate registered a net change of 14.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0682 was up 13.41% compared to the 2014 peak of 0.0602, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 341 NOK
2014 Average 270 NOK
Yearly Trough Low 280 NOK
Transaction Impact: A difference of 61.07 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0680
0.0561
JanuMarcMayJulySeptNove

ISK 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 0.0581, compared to 0.0643 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0063 points.

H1 Avg (Jan–Jun) 0.0581
H2 Avg (Jul–Dec) 0.0643

Volatility Range Comparison

Volatility

The most volatile month in 2015 was August, with a trading range of 0.0037 NOK (High: 0.0646 / Low: 0.0609). On the other end, February was the most stable month, with a tight range of 0.0009 NOK (High: 0.0580 / Low: 0.0571).

August Spread (Volatile) ±0.0037
February Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0010 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.0670) against the same month in 2014 (average: 0.0583), the exchange rate shifted by +0.0087 (+14.95%).

2015 Avg (December) 0.0670
2014 Avg (December) 0.0583

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0596 0.0573 0.0584
February 0.0580 0.0571 0.0575
March 0.0599 0.0573 0.0583
April 0.0590 0.0569 0.0580
May 0.0579 0.0560 0.0571
June 0.0599 0.0585 0.0591
July 0.0615 0.0597 0.0606
August 0.0646 0.0609 0.0625
September 0.0669 0.0639 0.0647
October 0.0664 0.0647 0.0654
November 0.0666 0.0653 0.0659
December 0.0682 0.0653 0.0670