2015 NOK to MNT Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
2015 NOK to MNT Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the NOK to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on May 16, valuing the pair at 265.3259. Conversely, the yearly low was recorded on December 31, dropping to 225.3611.
This high-to-low spread represents a total annual volatility of 39.9648 MNT. From a start-to-finish perspective, comparing the January average rate of 250.3322 to the December average rate of 229.4865, the exchange rate registered a net change of -8.33% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2015 high of 265.3259 was down 13.49% compared to the 2014 peak of 306.6922, 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 MNT 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 251.0024, compared to 237.5266 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 13.4758 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was May, with a trading range of 19.7622 MNT (High: 265.3259 / Low: 245.5637). On the other end, August was the most stable month, with a tight range of 4.0697 MNT (High: 242.8828 / Low: 238.8130).
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 May and June, when the average rate fell by 13.8913 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2015: 256.7552) against the same month in 2014 (average: 303.0915), the exchange rate shifted by -46.3363 (-15.29%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 254.8158 | 244.9758 | 250.3322 |
| February | 261.6817 | 251.0677 | 257.7486 |
| March | 257.1457 | 239.1516 | 248.2649 |
| April | 259.3389 | 244.5344 | 250.0495 |
| May | 265.3259 | 245.5637 | 256.7552 |
| June | 247.9448 | 235.4293 | 242.8640 |
| July | 247.0794 | 238.9934 | 242.9417 |
| August | 242.8828 | 238.8130 | 240.9973 |
| September | 245.0786 | 233.6982 | 240.2977 |
| October | 246.6508 | 232.8503 | 241.0452 |
| November | 234.7399 | 228.6681 | 230.3913 |
| December | 234.2371 | 225.3611 | 229.4865 |