YEARLY HIGH
0.0292 NOK
YEARLY LOW
0.0233 NOK
YEARLY AVERAGE
0.0261 NOK

2015 MRO to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MRO to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 0.0292. Conversely, the yearly low was recorded on May 14, dropping to 0.0233.

This high-to-low spread represents a total annual volatility of 0.0059 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0263 to the December average rate of 0.0285, the exchange rate registered a net change of 8.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0292 was up 13.64% compared to the 2014 peak of 0.0257, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 146 NOK
2014 Average 108 NOK
Yearly Trough Low 116 NOK
Transaction Impact: A difference of 29.51 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0289
0.0237
JanuMarcMayJulySeptNove

MRO 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 0.0255, compared to 0.0267 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0255
H2 Avg (Jul–Dec) 0.0267

Volatility Range Comparison

Volatility

The most volatile month in 2015 was March, with a trading range of 0.0037 NOK (High: 0.0286 / Low: 0.0249). On the other end, February was the most stable month, with a tight range of 0.0005 NOK (High: 0.0264 / Low: 0.0258).

March Spread (Volatile) ±0.0037
February Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between May and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0017 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2015: 0.0267) against the same month in 2014 (average: 0.0218), the exchange rate shifted by +0.0049 (+22.44%).

2015 Avg (September) 0.0267
2014 Avg (September) 0.0218

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0269 0.0256 0.0263
February 0.0264 0.0258 0.0261
March 0.0286 0.0249 0.0269
April 0.0261 0.0244 0.0252
May 0.0247 0.0233 0.0241
June 0.0256 0.0238 0.0244
July 0.0253 0.0242 0.0249
August 0.0266 0.0251 0.0257
September 0.0292 0.0256 0.0267
October 0.0290 0.0259 0.0277
November 0.0276 0.0254 0.0268
December 0.0291 0.0279 0.0285