YEARLY HIGH
0.3221 GEL
YEARLY LOW
0.2128 GEL
YEARLY AVERAGE
0.2732 GEL

2015 NOK to GEL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NOK to GEL exchange rate experienced significant fluctuation. The market reached its absolute peak on May 16, valuing the pair at 0.3221. Conversely, the yearly low was recorded on March 17, dropping to 0.2128.

This high-to-low spread represents a total annual volatility of 0.1094 GEL. From a start-to-finish perspective, comparing the January average rate of 0.2302 to the December average rate of 0.2757, the exchange rate registered a net change of 19.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.3221 was up 7.87% compared to the 2014 peak of 0.2986, 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 1,611 GEL
2014 Average 1,400 GEL
Yearly Trough Low 1,064 GEL
Transaction Impact: A difference of 546.76 GEL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.3147
0.2225
JanuMarcMayJulySeptNove

NOK to GEL 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 0.2644, compared to 0.2819 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0175 points.

H1 Avg (Jan–Jun) 0.2644
H2 Avg (Jul–Dec) 0.2819

Volatility Range Comparison

Volatility

The most volatile month in 2015 was March, with a trading range of 0.0702 GEL (High: 0.2829 / Low: 0.2128). On the other end, February was the most stable month, with a tight range of 0.0060 GEL (High: 0.2347 / Low: 0.2287).

March Spread (Volatile) ±0.0702
February Spread (Stable) ±0.0060

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0180 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0180

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2015: 0.3071) against the same month in 2014 (average: 0.2968), the exchange rate shifted by +0.0102 (+3.44%).

2015 Avg (May) 0.3071
2014 Avg (May) 0.2968

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2353 0.2257 0.2302
February 0.2347 0.2287 0.2324
March 0.2829 0.2128 0.2417
April 0.3072 0.2765 0.2862
May 0.3221 0.2949 0.3071
June 0.2945 0.2846 0.2891
July 0.2835 0.2731 0.2780
August 0.2926 0.2757 0.2818
September 0.3022 0.2769 0.2896
October 0.2953 0.2790 0.2888
November 0.2822 0.2751 0.2776
December 0.2807 0.2714 0.2757