2015 NOK to MRO Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
2015 NOK to MRO Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the NOK to MRO exchange rate experienced significant fluctuation. The market reached its absolute peak on May 14, valuing the pair at 42.9652. Conversely, the yearly low was recorded on September 30, dropping to 34.2748.
This high-to-low spread represents a total annual volatility of 8.6904 MRO. From a start-to-finish perspective, comparing the January average rate of 37.9843 to the December average rate of 35.0858, the exchange rate registered a net change of -7.63% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2015 high of 42.9652 was down 14.21% compared to the 2014 peak of 50.0834, 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 MRO 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 39.3113, compared to 37.5314 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.7799 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was March, with a trading range of 5.1666 MRO (High: 40.0984 / Low: 34.9318). On the other end, February was the most stable month, with a tight range of 0.7778 MRO (High: 38.7065 / Low: 37.9287).
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 November and December, when the average rate fell by 2.1862 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2015: 41.4767) against the same month in 2014 (average: 49.4494), the exchange rate shifted by -7.9726 (-16.12%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 39.0980 | 37.1681 | 37.9843 |
| February | 38.7065 | 37.9287 | 38.3789 |
| March | 40.0984 | 34.9318 | 37.3104 |
| April | 41.0181 | 38.3501 | 39.7176 |
| May | 42.9652 | 40.4163 | 41.4767 |
| June | 42.0495 | 39.0220 | 40.9996 |
| July | 41.3567 | 39.5241 | 40.1383 |
| August | 39.8106 | 37.5847 | 38.9345 |
| September | 39.0213 | 34.2748 | 37.5838 |
| October | 38.6372 | 34.4537 | 36.1738 |
| November | 39.3009 | 36.2387 | 37.2720 |
| December | 35.9062 | 34.4163 | 35.0858 |