YEARLY HIGH
0.5760 NOK
YEARLY LOW
0.4796 NOK
YEARLY AVERAGE
0.5274 NOK

2015 MVR to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the MVR to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.5760. Conversely, the yearly low was recorded on May 16, dropping to 0.4796.

This high-to-low spread represents a total annual volatility of 0.0964 NOK. From a start-to-finish perspective, comparing the January average rate of 0.5024 to the December average rate of 0.5668, the exchange rate registered a net change of 12.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.5760 was up 17.84% compared to the 2014 peak of 0.4888, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,880 NOK
2014 Average 2,049 NOK
Yearly Trough Low 2,398 NOK
Transaction Impact: A difference of 481.95 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.5740
0.4877
JanuMarcMayJulySeptNove

MVR 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 0.5078, compared to 0.5469 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0391 points.

H1 Avg (Jan–Jun) 0.5078
H2 Avg (Jul–Dec) 0.5469

Volatility Range Comparison

Volatility

The most volatile month in 2015 was March, with a trading range of 0.0423 NOK (High: 0.5437 / Low: 0.5015). On the other end, August was the most stable month, with a tight range of 0.0112 NOK (High: 0.5447 / Low: 0.5334).

March Spread (Volatile) ±0.0423
August Spread (Stable) ±0.0112

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 0.0225 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0225

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.5668) against the same month in 2014 (average: 0.4777), the exchange rate shifted by +0.0891 (+18.65%).

2015 Avg (December) 0.5668
2014 Avg (December) 0.4777

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5120 0.4895 0.5024
February 0.5070 0.4919 0.4977
March 0.5437 0.5015 0.5234
April 0.5315 0.4934 0.5174
May 0.5101 0.4796 0.4949
June 0.5225 0.5022 0.5110
July 0.5395 0.5177 0.5307
August 0.5447 0.5334 0.5388
September 0.5566 0.5308 0.5415
October 0.5587 0.5266 0.5399
November 0.5682 0.5541 0.5637
December 0.5760 0.5557 0.5668