YEARLY HIGH
0.5019 AED
YEARLY LOW
0.4156 AED
YEARLY AVERAGE
0.4565 AED

2015 NOK to AED Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NOK to AED exchange rate experienced significant fluctuation. The market reached its absolute peak on May 17, valuing the pair at 0.5019. Conversely, the yearly low was recorded on December 31, dropping to 0.4156.

This high-to-low spread represents a total annual volatility of 0.0863 AED. From a start-to-finish perspective, comparing the January average rate of 0.4790 to the December average rate of 0.4230, the exchange rate registered a net change of -11.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.5019 was down 19.34% compared to the 2014 peak of 0.6223, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,510 AED
2014 Average 2,923 AED
Yearly Trough Low 2,078 AED
Transaction Impact: A difference of 431.65 AED purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.4925
0.4167
JanuMarcMayJulySeptNove

NOK to AED 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 0.4740, compared to 0.4390 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0351 points.

H1 Avg (Jan–Jun) 0.4740
H2 Avg (Jul–Dec) 0.4390

Volatility Range Comparison

Volatility

The most volatile month in 2015 was March, with a trading range of 0.0366 AED (High: 0.4793 / Low: 0.4427). On the other end, August was the most stable month, with a tight range of 0.0087 AED (High: 0.4494 / Low: 0.4407).

March Spread (Volatile) ±0.0366
August Spread (Stable) ±0.0087

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0234 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0234

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2015: 0.4862) against the same month in 2014 (average: 0.6183), the exchange rate shifted by -0.1322 (-21.38%).

2015 Avg (May) 0.4862
2014 Avg (May) 0.6183

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4896 0.4697 0.4790
February 0.4883 0.4755 0.4835
March 0.4793 0.4427 0.4601
April 0.4859 0.4531 0.4653
May 0.5019 0.4718 0.4862
June 0.4781 0.4612 0.4703
July 0.4638 0.4470 0.4526
August 0.4494 0.4407 0.4455
September 0.4526 0.4304 0.4434
October 0.4544 0.4298 0.4442
November 0.4333 0.4220 0.4251
December 0.4317 0.4156 0.4230