YEARLY HIGH
3872.4983 IRR
YEARLY LOW
3361.9022 IRR
YEARLY AVERAGE
3593.2952 IRR

2015 NOK to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NOK to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 17, valuing the pair at 3872.4983. Conversely, the yearly low was recorded on March 17, dropping to 3361.9022.

This high-to-low spread represents a total annual volatility of 510.5961 IRR. From a start-to-finish perspective, comparing the January average rate of 3554.0571 to the December average rate of 3454.0151, the exchange rate registered a net change of -2.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 3872.4983 was down 10.30% compared to the 2014 peak of 4317.0863, 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 19,362,491 IRR
2014 Average 20,533,689 IRR
Yearly Trough Low 16,809,511 IRR
Transaction Impact: A difference of 2,552,980.48 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

3787.2001
3423.7255
JanuMarcMayJulySeptNove

NOK to IRR 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 3619.0349, compared to 3567.5554 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 51.4795 points.

H1 Avg (Jan–Jun) 3619.0349
H2 Avg (Jul–Dec) 3567.5554

Volatility Range Comparison

Volatility

The most volatile month in 2015 was April, with a trading range of 270.3064 IRR (High: 3736.3564 / Low: 3466.0499). On the other end, August was the most stable month, with a tight range of 60.0344 IRR (High: 3643.7292 / Low: 3583.6949).

April Spread (Volatile) ±270.3064
August Spread (Stable) ±60.0344

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 October and November, when the average rate fell by 156.5788 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -156.5788

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2015: 3756.9106) against the same month in 2014 (average: 4293.3600), the exchange rate shifted by -536.4494 (-12.49%).

2015 Avg (May) 3756.9106
2014 Avg (May) 4293.3600

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3617.4192 3495.4605 3554.0571
February 3664.5540 3565.5496 3630.0325
March 3616.3501 3361.9022 3489.0964
April 3736.3564 3466.0499 3564.1096
May 3872.4983 3673.6485 3756.9106
June 3785.3800 3634.7065 3720.0035
July 3700.7622 3580.2761 3632.9119
August 3643.7292 3583.6949 3611.2012
September 3692.8154 3512.0940 3615.3823
October 3707.8695 3505.9175 3624.2004
November 3534.9921 3442.3938 3467.6216
December 3524.8390 3393.8823 3454.0151