YEARLY HIGH
0.9436 BOB
YEARLY LOW
0.7821 BOB
YEARLY AVERAGE
0.8582 BOB

2015 NOK to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NOK to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on May 16, valuing the pair at 0.9436. Conversely, the yearly low was recorded on December 31, dropping to 0.7821.

This high-to-low spread represents a total annual volatility of 0.1615 BOB. From a start-to-finish perspective, comparing the January average rate of 0.9013 to the December average rate of 0.7950, the exchange rate registered a net change of -11.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.9436 was down 19.52% compared to the 2014 peak of 1.1725, 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 4,718 BOB
2014 Average 5,499 BOB
Yearly Trough Low 3,910 BOB
Transaction Impact: A difference of 807.61 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.9261
0.7830
JanuMarcMayJulySeptNove

NOK to BOB 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 0.8913, compared to 0.8251 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0662 points.

H1 Avg (Jan–Jun) 0.8913
H2 Avg (Jul–Dec) 0.8251

Volatility Range Comparison

Volatility

The most volatile month in 2015 was March, with a trading range of 0.0692 BOB (High: 0.9015 / Low: 0.8323). On the other end, November was the most stable month, with a tight range of 0.0212 BOB (High: 0.8142 / Low: 0.7930).

March Spread (Volatile) ±0.0692
November Spread (Stable) ±0.0212

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 0.0441 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0441

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2015: 0.9141) against the same month in 2014 (average: 1.1634), the exchange rate shifted by -0.2492 (-21.42%).

2015 Avg (May) 0.9141
2014 Avg (May) 1.1634

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9247 0.8833 0.9013
February 0.9185 0.8966 0.9095
March 0.9015 0.8323 0.8654
April 0.9134 0.8520 0.8743
May 0.9436 0.8874 0.9141
June 0.8979 0.8676 0.8835
July 0.8709 0.8398 0.8503
August 0.8477 0.8259 0.8365
September 0.8518 0.8094 0.8338
October 0.8549 0.8084 0.8357
November 0.8142 0.7930 0.7994
December 0.8110 0.7821 0.7950