YEARLY HIGH
4.7595 MUR
YEARLY LOW
4.0584 MUR
YEARLY AVERAGE
4.3578 MUR

2015 NOK to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NOK to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on May 17, valuing the pair at 4.7595. Conversely, the yearly low was recorded on December 31, dropping to 4.0584.

This high-to-low spread represents a total annual volatility of 0.7011 MUR. From a start-to-finish perspective, comparing the January average rate of 4.2078 to the December average rate of 4.1548, the exchange rate registered a net change of -1.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 4.7595 was down 6.97% compared to the 2014 peak of 5.1162, 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 23,797 MUR
2014 Average 24,406 MUR
Yearly Trough Low 20,292 MUR
Transaction Impact: A difference of 3,505.56 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

4.6780
4.1073
JanuMarcMayJulySeptNove

NOK to MUR 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 4.4559, compared to 4.2598 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1961 points.

H1 Avg (Jan–Jun) 4.4559
H2 Avg (Jul–Dec) 4.2598

Volatility Range Comparison

Volatility

The most volatile month in 2015 was March, with a trading range of 0.3200 MUR (High: 4.6519 / Low: 4.3319). On the other end, November was the most stable month, with a tight range of 0.1163 MUR (High: 4.2372 / Low: 4.1208).

March Spread (Volatile) ±0.3200
November Spread (Stable) ±0.1163

Growth Streaks & Declines

Trends

Between 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 May and June, when the average rate fell by 0.1326 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1326

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2015: 4.6305) against the same month in 2014 (average: 5.0859), the exchange rate shifted by -0.4554 (-8.95%).

2015 Avg (May) 4.6305
2014 Avg (May) 5.0859

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.2843 4.1227 4.2078
February 4.4403 4.2240 4.3661
March 4.6519 4.3319 4.4650
April 4.6728 4.4736 4.5680
May 4.7595 4.5398 4.6305
June 4.5800 4.4217 4.4979
July 4.4441 4.3237 4.3672
August 4.3394 4.2005 4.2926
September 4.3542 4.1606 4.2713
October 4.3874 4.1932 4.2968
November 4.2372 4.1208 4.1759
December 4.2571 4.0584 4.1548