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