YEARLY HIGH
0.1197 EUR
YEARLY LOW
0.1042 EUR
YEARLY AVERAGE
0.1120 EUR

2015 NOK to EUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NOK to EUR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 19, valuing the pair at 0.1197. Conversely, the yearly low was recorded on December 31, dropping to 0.1042.

This high-to-low spread represents a total annual volatility of 0.0154 EUR. From a start-to-finish perspective, comparing the January average rate of 0.1123 to the December average rate of 0.1056, the exchange rate registered a net change of -5.91% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.1197 was down 3.19% compared to the 2014 peak of 0.1236, 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 598 EUR
2014 Average 599 EUR
Yearly Trough Low 521 EUR
Transaction Impact: A difference of 77.19 EUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.1199
0.1043
JanuMarcMayJulySeptNove

NOK to EUR 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 0.1156, compared to 0.1083 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0074 points.

H1 Avg (Jan–Jun) 0.1156
H2 Avg (Jul–Dec) 0.1083

Volatility Range Comparison

Volatility

The most volatile month in 2015 was August, with a trading range of 0.0066 EUR (High: 0.1114 / Low: 0.1049). On the other end, November was the most stable month, with a tight range of 0.0021 EUR (High: 0.1089 / Low: 0.1068).

August Spread (Volatile) ±0.0066
November Spread (Stable) ±0.0021

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 0.0045 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0045

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2015: 0.1186) against the same month in 2014 (average: 0.1226), the exchange rate shifted by -0.0040 (-3.25%).

2015 Avg (May) 0.1186
2014 Avg (May) 0.1226

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1153 0.1090 0.1123
February 0.1169 0.1145 0.1160
March 0.1173 0.1124 0.1158
April 0.1193 0.1147 0.1171
May 0.1197 0.1171 0.1186
June 0.1155 0.1129 0.1141
July 0.1143 0.1099 0.1120
August 0.1114 0.1049 0.1089
September 0.1089 0.1043 0.1074
October 0.1090 0.1058 0.1078
November 0.1089 0.1068 0.1079
December 0.1088 0.1042 0.1056