YEARLY HIGH
12.4633 NOK
YEARLY LOW
10.3294 NOK
YEARLY AVERAGE
11.3769 NOK

2015 JOD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the JOD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 12.4633. Conversely, the yearly low was recorded on May 16, dropping to 10.3294.

This high-to-low spread represents a total annual volatility of 2.1339 NOK. From a start-to-finish perspective, comparing the January average rate of 10.8152 to the December average rate of 12.2455, the exchange rate registered a net change of 13.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 12.4633 was up 18.24% compared to the 2014 peak of 10.5406, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 62,317 NOK
2014 Average 44,538 NOK
Yearly Trough Low 51,647 NOK
Transaction Impact: A difference of 10,669.45 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

12.4036
10.5071
JanuMarcMayJulySeptNove

JOD 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 10.9402, compared to 11.8136 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8734 points.

H1 Avg (Jan–Jun) 10.9402
H2 Avg (Jul–Dec) 11.8136

Volatility Range Comparison

Volatility

The most volatile month in 2015 was March, with a trading range of 0.8958 NOK (High: 11.7046 / Low: 10.8088). On the other end, August was the most stable month, with a tight range of 0.2223 NOK (High: 11.7583 / Low: 11.5360).

March Spread (Volatile) ±0.8958
August Spread (Stable) ±0.2223

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 0.4837 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.4837

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 12.2455) against the same month in 2014 (average: 10.3124), the exchange rate shifted by +1.9331 (+18.75%).

2015 Avg (December) 12.2455
2014 Avg (December) 10.3124

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.0249 10.5766 10.8152
February 10.8907 10.6028 10.7106
March 11.7046 10.8088 11.2739
April 11.4415 10.6719 11.1488
May 10.9899 10.3294 10.6652
June 11.2528 10.8430 11.0278
July 11.5973 11.1742 11.4557
August 11.7583 11.5360 11.6369
September 12.0387 11.4558 11.6888
October 12.0668 11.4174 11.6757
November 12.2756 11.9695 12.1790
December 12.4633 11.9921 12.2455