2015 NOK to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
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.
Comparing the value generated converting 5,000 NOK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2015.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |