YEARLY HIGH
0.0879 GBP
YEARLY LOW
0.0754 GBP
YEARLY AVERAGE
0.0813 GBP

2015 NOK to GBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NOK to GBP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 6, valuing the pair at 0.0879. Conversely, the yearly low was recorded on November 4, dropping to 0.0754.

This high-to-low spread represents a total annual volatility of 0.0125 GBP. From a start-to-finish perspective, comparing the January average rate of 0.0860 to the December average rate of 0.0768, the exchange rate registered a net change of -10.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0879 was down 13.09% compared to the 2014 peak of 0.1011, 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 440 GBP
2014 Average 483 GBP
Yearly Trough Low 377 GBP
Transaction Impact: A difference of 62.43 GBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0870
0.0753
JanuMarcMayJulySeptNove

NOK to GBP 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 0.0847, compared to 0.0780 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0067 points.

H1 Avg (Jan–Jun) 0.0847
H2 Avg (Jul–Dec) 0.0780

Volatility Range Comparison

Volatility

The most volatile month in 2015 was October, with a trading range of 0.0045 GBP (High: 0.0808 / Low: 0.0762). On the other end, November was the most stable month, with a tight range of 0.0015 GBP (High: 0.0769 / Low: 0.0754).

October Spread (Volatile) ±0.0045
November Spread (Stable) ±0.0015

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 0.0035 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0035

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2015: 0.0857) against the same month in 2014 (average: 0.1000), the exchange rate shifted by -0.0143 (-14.29%).

2015 Avg (May) 0.0857
2014 Avg (May) 0.1000

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0874 0.0845 0.0860
February 0.0873 0.0845 0.0859
March 0.0856 0.0814 0.0837
April 0.0862 0.0836 0.0847
May 0.0879 0.0838 0.0857
June 0.0838 0.0806 0.0821
July 0.0809 0.0782 0.0792
August 0.0787 0.0770 0.0779
September 0.0796 0.0773 0.0787
October 0.0808 0.0762 0.0789
November 0.0769 0.0754 0.0762
December 0.0778 0.0757 0.0768