YEARLY HIGH
0.8450 CNY
YEARLY LOW
0.7327 CNY
YEARLY AVERAGE
0.7791 CNY

2015 NOK to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NOK to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on May 17, valuing the pair at 0.8450. Conversely, the yearly low was recorded on November 16, dropping to 0.7327.

This high-to-low spread represents a total annual volatility of 0.1123 CNY. From a start-to-finish perspective, comparing the January average rate of 0.8086 to the December average rate of 0.7431, the exchange rate registered a net change of -8.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.8450 was down 19.73% compared to the 2014 peak of 1.0527, 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 4,225 CNY
2014 Average 4,901 CNY
Yearly Trough Low 3,663 CNY
Transaction Impact: A difference of 561.29 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.8286
0.7290
JanuMarcMayJulySeptNove

NOK to CNY 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 0.8002, compared to 0.7580 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0423 points.

H1 Avg (Jan–Jun) 0.8002
H2 Avg (Jul–Dec) 0.7580

Volatility Range Comparison

Volatility

The most volatile month in 2015 was March, with a trading range of 0.0642 CNY (High: 0.8152 / Low: 0.7510). On the other end, November was the most stable month, with a tight range of 0.0134 CNY (High: 0.7461 / Low: 0.7327).

March Spread (Volatile) ±0.0642
November Spread (Stable) ±0.0134

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 0.0411 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0411

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2015: 0.8184) against the same month in 2014 (average: 1.0478), the exchange rate shifted by -0.2294 (-21.89%).

2015 Avg (May) 0.8184
2014 Avg (May) 1.0478

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8258 0.7965 0.8086
February 0.8285 0.8077 0.8203
March 0.8152 0.7510 0.7792
April 0.8179 0.7633 0.7829
May 0.8450 0.7943 0.8184
June 0.8059 0.7767 0.7920
July 0.7806 0.7532 0.7627
August 0.7800 0.7503 0.7680
September 0.7846 0.7463 0.7688
October 0.7851 0.7438 0.7679
November 0.7461 0.7327 0.7373
December 0.7522 0.7345 0.7431