2015 NOK to ETB Historical Review

YEARLY HIGH

2.8093 ETB

YEARLY LOW

2.3994 ETB

YEARLY AVERAGE

2.5694 ETB

2015 NOK to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NOK to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on May 17, valuing the pair at 2.8093. Conversely, the yearly low was recorded on December 31, dropping to 2.3994.

This high-to-low spread represents a total annual volatility of 0.4099 ETB. From a start-to-finish perspective, comparing the January average rate of 2.6401 to the December average rate of 2.4313, the exchange rate registered a net change of -7.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 2.8093 was down 14.81% compared to the 2014 peak of 3.2979, 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 14,047 ETB

2014 Average 15,641 ETB

Yearly Trough Low 11,997 ETB

Transaction Impact: A difference of 2,049.56 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

2.7491

2.4024

JanuMarcMayJulySeptNove

NOK to ETB 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 2.6372, compared to 2.5017 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1356 points.

H1 Avg (Jan–Jun) 2.6372

H2 Avg (Jul–Dec) 2.5017

Volatility Range Comparison

Volatility

The most volatile month in 2015 was March, with a trading range of 0.1977 ETB (High: 2.6568 / Low: 2.4591). On the other end, August was the most stable month, with a tight range of 0.0542 ETB (High: 2.5503 / Low: 2.4961).

March Spread (Volatile) ±0.1977

August Spread (Stable) ±0.0542

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 0.1203 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.1203

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2015: 2.7202) against the same month in 2014 (average: 3.2854), the exchange rate shifted by -0.5653 (-17.21%).

2015 Avg (May) 2.7202

2014 Avg (May) 3.2854

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7048	2.5930	2.6401
February	2.7020	2.6307	2.6744
March	2.6568	2.4591	2.5540
April	2.7153	2.5242	2.5909
May	2.8093	2.6439	2.7202
June	2.6870	2.5905	2.6437
July	2.6145	2.5225	2.5561
August	2.5503	2.4961	2.5254
September	2.5768	2.4512	2.5225
October	2.5964	2.4600	2.5370
November	2.4853	2.4221	2.4377
December	2.4676	2.3994	2.4313