2015 NOK to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
2015 NOK to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the NOK to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 75.4653. Conversely, the yearly low was recorded on March 17, dropping to 53.5671.
This high-to-low spread represents a total annual volatility of 21.8982 MWK. From a start-to-finish perspective, comparing the January average rate of 60.2537 to the December average rate of 71.6532, the exchange rate registered a net change of 18.92% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2015 high of 75.4653 was up 2.71% compared to the 2014 peak of 73.4718, 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 MWK 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 57.6695, compared to 65.5308 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.8613 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was August, with a trading range of 10.8099 MWK (High: 67.3367 / Low: 56.5269). On the other end, June was the most stable month, with a tight range of 2.0039 MWK (High: 57.2210 / Low: 55.2170).
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 February and March, when the average rate fell by 3.6211 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2015: 71.6532) against the same month in 2014 (average: 65.9116), the exchange rate shifted by +5.7417 (+8.71%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 62.9740 | 58.3341 | 60.2537 |
| February | 60.6300 | 57.6417 | 59.1732 |
| March | 58.6046 | 53.5671 | 55.5521 |
| April | 58.2848 | 54.7292 | 56.2630 |
| May | 60.2409 | 56.5212 | 58.4817 |
| June | 57.2210 | 55.2170 | 56.2933 |
| July | 57.2512 | 53.8890 | 55.9250 |
| August | 67.3367 | 56.5269 | 64.3417 |
| September | 69.2414 | 65.3918 | 67.5863 |
| October | 68.4902 | 65.2159 | 66.9517 |
| November | 69.2240 | 64.6474 | 66.7267 |
| December | 75.4653 | 68.5457 | 71.6532 |