YEARLY HIGH
0.1664 CAD
YEARLY LOW
0.1525 CAD
YEARLY AVERAGE
0.1586 CAD

2015 NOK to CAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NOK to CAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 22, valuing the pair at 0.1664. Conversely, the yearly low was recorded on November 4, dropping to 0.1525.

This high-to-low spread represents a total annual volatility of 0.0139 CAD. From a start-to-finish perspective, comparing the January average rate of 0.1576 to the December average rate of 0.1579, the exchange rate registered a net change of 0.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.1664 was down 10.94% compared to the 2014 peak of 0.1868, 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 832 CAD
2014 Average 878 CAD
Yearly Trough Low 763 CAD
Transaction Impact: A difference of 69.27 CAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.1658
0.1526
JanuMarcMayJulySeptNove

NOK to CAD 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 0.1593, compared to 0.1579 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.1593
H2 Avg (Jul–Dec) 0.1579

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.0111 CAD (High: 0.1642 / Low: 0.1531). On the other end, November was the most stable month, with a tight range of 0.0020 CAD (High: 0.1545 / Low: 0.1525).

January Spread (Volatile) ±0.0111
November Spread (Stable) ±0.0020

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0067 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0067

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2015: 0.1647) against the same month in 2014 (average: 0.1804), the exchange rate shifted by -0.0158 (-8.73%).

2015 Avg (February) 0.1647
2014 Avg (February) 0.1804

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1642 0.1531 0.1576
February 0.1664 0.1631 0.1647
March 0.1632 0.1537 0.1580
April 0.1596 0.1550 0.1564
May 0.1642 0.1594 0.1612
June 0.1605 0.1562 0.1582
July 0.1599 0.1550 0.1582
August 0.1619 0.1580 0.1594
September 0.1628 0.1565 0.1602
October 0.1605 0.1541 0.1580
November 0.1545 0.1525 0.1537
December 0.1599 0.1541 0.1579