YEARLY HIGH
17.8492 ISK
YEARLY LOW
14.6543 ISK
YEARLY AVERAGE
16.3922 ISK

2015 NOK to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NOK to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 17, valuing the pair at 17.8492. Conversely, the yearly low was recorded on December 31, dropping to 14.6543.

This high-to-low spread represents a total annual volatility of 3.1949 ISK. From a start-to-finish perspective, comparing the January average rate of 17.1359 to the December average rate of 14.9265, the exchange rate registered a net change of -12.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 17.8492 was down 6.78% compared to the 2014 peak of 19.1476, 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 89,246 ISK
2014 Average 92,659 ISK
Yearly Trough Low 73,271 ISK
Transaction Impact: A difference of 15,974.55 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

17.7806
14.6670
JanuMarcMayJulySeptNove

NOK to ISK 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 17.2230, compared to 15.5614 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.6615 points.

H1 Avg (Jan–Jun) 17.2230
H2 Avg (Jul–Dec) 15.5614

Volatility Range Comparison

Volatility

The most volatile month in 2015 was August, with a trading range of 0.9404 ISK (High: 16.4224 / Low: 15.4820). On the other end, February was the most stable month, with a tight range of 0.2692 ISK (High: 17.5198 / Low: 17.2506).

August Spread (Volatile) ±0.9404
February Spread (Stable) ±0.2692

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 0.6000 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.6000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2015: 17.5211) against the same month in 2014 (average: 18.9560), the exchange rate shifted by -1.4349 (-7.57%).

2015 Avg (May) 17.5211
2014 Avg (May) 18.9560

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.4620 16.7742 17.1359
February 17.5198 17.2506 17.3850
March 17.4611 16.7076 17.1442
April 17.5674 16.9595 17.2306
May 17.8492 17.2565 17.5211
June 17.1065 16.7058 16.9211
July 16.7383 16.2622 16.5072
August 16.4224 15.4820 15.9959
September 15.6480 14.9574 15.4558
October 15.4611 15.0704 15.3010
November 15.3168 15.0129 15.1824
December 15.3162 14.6543 14.9265