YEARLY HIGH
2.0913 MXN
YEARLY LOW
1.8476 MXN
YEARLY AVERAGE
1.9681 MXN

2015 NOK to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NOK to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 2.0913. Conversely, the yearly low was recorded on March 18, dropping to 1.8476.

This high-to-low spread represents a total annual volatility of 0.2438 MXN. From a start-to-finish perspective, comparing the January average rate of 1.9166 to the December average rate of 1.9665, the exchange rate registered a net change of 2.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 2.0913 was down 6.14% compared to the 2014 peak of 2.2282, 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 10,457 MXN
2014 Average 10,571 MXN
Yearly Trough Low 9,238 MXN
Transaction Impact: A difference of 1,218.90 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

2.0456
1.8970
JanuMarcMayJulySeptNove

NOK to MXN 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 1.9533, compared to 1.9829 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0296 points.

H1 Avg (Jan–Jun) 1.9533
H2 Avg (Jul–Dec) 1.9829

Volatility Range Comparison

Volatility

The most volatile month in 2015 was April, with a trading range of 0.1766 MXN (High: 2.0281 / Low: 1.8514). On the other end, November was the most stable month, with a tight range of 0.0388 MXN (High: 1.9461 / Low: 1.9073).

April Spread (Volatile) ±0.1766
November Spread (Stable) ±0.0388

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 October and November, when the average rate fell by 0.0785 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0785

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2015: 2.0050) against the same month in 2014 (average: 2.1207), the exchange rate shifted by -0.1156 (-5.45%).

2015 Avg (August) 2.0050
2014 Avg (August) 2.1207

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9692 1.8736 1.9166
February 1.9942 1.9387 1.9641
March 1.9618 1.8476 1.9093
April 2.0281 1.8514 1.9265
May 2.0622 1.9670 2.0210
June 1.9976 1.9513 1.9826
July 1.9968 1.9264 1.9634
August 2.0913 1.9557 2.0050
September 2.0672 1.9893 2.0332
October 2.0418 1.9431 2.0039
November 1.9461 1.9073 1.9255
December 2.0030 1.9125 1.9665