YEARLY HIGH
265.3259 MNT
YEARLY LOW
225.3611 MNT
YEARLY AVERAGE
244.2645 MNT

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.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NOK based on timing:

Yearly Peak High 1,326,629 MNT
2014 Average 1,437,065 MNT
Yearly Trough Low 1,126,805 MNT
Transaction Impact: A difference of 199,823.94 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

260.5748
226.6602
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 251.0024
H2 Avg (Jul–Dec) 237.5266

Volatility Range Comparison

Volatility

The 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).

May Spread (Volatile) ±19.7622
August Spread (Stable) ±4.0697

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 13.8913 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -13.8913

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2015 Avg (May) 256.7552
2014 Avg (May) 303.0915

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