YEARLY HIGH
0.2339 BGN
YEARLY LOW
0.2035 BGN
YEARLY AVERAGE
0.2189 BGN

2015 NOK to BGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NOK to BGN exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 0.2339. Conversely, the yearly low was recorded on December 31, dropping to 0.2035.

This high-to-low spread represents a total annual volatility of 0.0303 BGN. From a start-to-finish perspective, comparing the January average rate of 0.2193 to the December average rate of 0.2067, the exchange rate registered a net change of -5.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.2339 was down 3.17% compared to the 2014 peak of 0.2415, 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 1,169 BGN
2014 Average 1,171 BGN
Yearly Trough Low 1,018 BGN
Transaction Impact: A difference of 151.71 BGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.2344
0.2041
JanuMarcMayJulySeptNove

NOK to BGN 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 0.2261, compared to 0.2118 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0143 points.

H1 Avg (Jan–Jun) 0.2261
H2 Avg (Jul–Dec) 0.2118

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.0118 BGN (High: 0.2247 / Low: 0.2129). On the other end, February was the most stable month, with a tight range of 0.0041 BGN (High: 0.2281 / Low: 0.2240).

January Spread (Volatile) ±0.0118
February Spread (Stable) ±0.0041

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 May and June, when the average rate fell by 0.0087 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0087

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2015: 0.2291) against the same month in 2014 (average: 0.2369), the exchange rate shifted by -0.0078 (-3.31%).

2015 Avg (April) 0.2291
2014 Avg (April) 0.2369

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2247 0.2129 0.2193
February 0.2281 0.2240 0.2268
March 0.2291 0.2208 0.2263
April 0.2339 0.2238 0.2291
May 0.2335 0.2290 0.2319
June 0.2257 0.2212 0.2232
July 0.2229 0.2153 0.2190
August 0.2179 0.2061 0.2131
September 0.2125 0.2040 0.2101
October 0.2131 0.2069 0.2108
November 0.2129 0.2086 0.2111
December 0.2131 0.2035 0.2067