2015 MAD to NOK Historical Review

YEARLY HIGH

0.8917 NOK

YEARLY LOW

0.7641 NOK

YEARLY AVERAGE

0.8270 NOK

2015 MAD to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MAD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.8917. Conversely, the yearly low was recorded on May 17, dropping to 0.7641.

This high-to-low spread represents a total annual volatility of 0.1276 NOK. From a start-to-finish perspective, comparing the January average rate of 0.8191 to the December average rate of 0.8778, the exchange rate registered a net change of 7.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.8917 was up 5.83% compared to the 2014 peak of 0.8425, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,458 NOK

2014 Average 3,745 NOK

Yearly Trough Low 3,821 NOK

Transaction Impact: A difference of 637.90 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.8878

0.7668

JanuMarcMayJulySeptNove

MAD 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 0.8002, compared to 0.8537 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0535 points.

H1 Avg (Jan–Jun) 0.8002

H2 Avg (Jul–Dec) 0.8537

Volatility Range Comparison

Volatility

The most volatile month in 2015 was April, with a trading range of 0.0413 NOK (High: 0.8152 / Low: 0.7739). On the other end, November was the most stable month, with a tight range of 0.0115 NOK (High: 0.8725 / Low: 0.8610).

April Spread (Volatile) ±0.0413

November Spread (Stable) ±0.0115

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 0.0229 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0229

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.8778) against the same month in 2014 (average: 0.8170), the exchange rate shifted by +0.0608 (+7.44%).

2015 Avg (December) 0.8778

2014 Avg (December) 0.8170

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8403	0.8045	0.8191
February	0.8059	0.7916	0.7962
March	0.8276	0.7933	0.8069
April	0.8152	0.7739	0.7962
May	0.7919	0.7641	0.7769
June	0.8175	0.7963	0.8061
July	0.8402	0.8113	0.8272
August	0.8657	0.8336	0.8458
September	0.8792	0.8435	0.8540
October	0.8693	0.8386	0.8515
November	0.8725	0.8610	0.8658
December	0.8917	0.8595	0.8778