YEARLY HIGH
42.9652 MRO
YEARLY LOW
34.2748 MRO
YEARLY AVERAGE
38.4213 MRO

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.

Transfer Payout Power Comparison

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

Yearly Peak High 214,826 MRO
2014 Average 232,484 MRO
Yearly Trough Low 171,374 MRO
Transaction Impact: A difference of 43,451.92 MRO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

42.1158
34.4467
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 39.3113
H2 Avg (Jul–Dec) 37.5314

Volatility Range Comparison

Volatility

The 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).

March Spread (Volatile) ±5.1666
February Spread (Stable) ±0.7778

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 November and December, when the average rate fell by 2.1862 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.1862

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2015 Avg (May) 41.4767
2014 Avg (May) 49.4494

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