YEARLY HIGH
0.8927 DKK
YEARLY LOW
0.7766 DKK
YEARLY AVERAGE
0.8350 DKK

2015 NOK to DKK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NOK to DKK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 0.8927. Conversely, the yearly low was recorded on December 31, dropping to 0.7766.

This high-to-low spread represents a total annual volatility of 0.1161 DKK. From a start-to-finish perspective, comparing the January average rate of 0.8346 to the December average rate of 0.7887, the exchange rate registered a net change of -5.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.8927 was down 3.06% compared to the 2014 peak of 0.9208, 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 4,463 DKK
2014 Average 4,462 DKK
Yearly Trough Low 3,883 DKK
Transaction Impact: A difference of 580.44 DKK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.8944
0.7791
JanuMarcMayJulySeptNove

NOK to DKK 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 0.8621, compared to 0.8080 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0541 points.

H1 Avg (Jan–Jun) 0.8621
H2 Avg (Jul–Dec) 0.8080

Volatility Range Comparison

Volatility

The most volatile month in 2015 was January, with a trading range of 0.0458 DKK (High: 0.8559 / Low: 0.8102). On the other end, November was the most stable month, with a tight range of 0.0172 DKK (High: 0.8121 / Low: 0.7950).

January Spread (Volatile) ±0.0458
November Spread (Stable) ±0.0172

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 0.0335 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0335

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2015: 0.8750) against the same month in 2014 (average: 0.9039), the exchange rate shifted by -0.0289 (-3.20%).

2015 Avg (April) 0.8750
2014 Avg (April) 0.9039

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8559 0.8102 0.8346
February 0.8703 0.8523 0.8640
March 0.8730 0.8418 0.8627
April 0.8927 0.8551 0.8750
May 0.8916 0.8739 0.8848
June 0.8609 0.8434 0.8513
July 0.8506 0.8214 0.8357
August 0.8315 0.7858 0.8130
September 0.8106 0.7788 0.8016
October 0.8130 0.7892 0.8042
November 0.8121 0.7950 0.8049
December 0.8127 0.7766 0.7887