YEARLY HIGH
423.8150 MGA
YEARLY LOW
332.3775 MGA
YEARLY AVERAGE
384.6558 MGA

2015 NOK to MGA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NOK to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on May 17, valuing the pair at 423.8150. Conversely, the yearly low was recorded on January 25, dropping to 332.3775.

This high-to-low spread represents a total annual volatility of 91.4374 MGA. From a start-to-finish perspective, comparing the January average rate of 347.3184 to the December average rate of 369.4409, the exchange rate registered a net change of 6.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 423.8150 was up 1.23% compared to the 2014 peak of 418.6762, 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 2,119,075 MGA
2014 Average 1,962,603 MGA
Yearly Trough Low 1,661,888 MGA
Transaction Impact: A difference of 457,187.24 MGA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

417.6743
340.9224
JanuMarcMayJulySeptNove

NOK to MGA 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 383.1093, compared to 386.2024 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.0931 points.

H1 Avg (Jan–Jun) 383.1093
H2 Avg (Jul–Dec) 386.2024

Volatility Range Comparison

Volatility

The most volatile month in 2015 was June, with a trading range of 35.5927 MGA (High: 416.7702 / Low: 381.1774). On the other end, November was the most stable month, with a tight range of 8.2494 MGA (High: 383.8098 / Low: 375.5604).

June Spread (Volatile) ±35.5927
November Spread (Stable) ±8.2494

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 August and September, when the average rate fell by 18.9476 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -18.9476

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2015: 411.2783) against the same month in 2014 (average: 400.0790), the exchange rate shifted by +11.1993 (+2.80%).

2015 Avg (May) 411.2783
2014 Avg (May) 400.0790

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 362.3694 332.3775 347.3184
February 377.7850 363.1846 371.7583
March 383.1289 362.0586 371.9100
April 409.3243 374.7514 389.2259
May 423.8150 396.1446 411.2783
June 416.7702 381.1774 407.1648
July 414.1668 396.6294 404.6581
August 416.9714 395.4460 401.8600
September 397.2187 374.4326 382.9123
October 393.5526 360.1773 379.1891
November 383.8098 375.5604 379.1538
December 381.3514 364.2121 369.4409