2015 NOK to MZN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
2015 NOK to MZN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the NOK to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 5.9677. Conversely, the yearly low was recorded on March 16, dropping to 4.1220.
This high-to-low spread represents a total annual volatility of 1.8457 MZN. From a start-to-finish perspective, comparing the January average rate of 4.2688 to the December average rate of 5.5748, the exchange rate registered a net change of 30.59% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2015 high of 5.9677 was up 10.72% compared to the 2014 peak of 5.3901, 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 MZN 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 4.5275, compared to 5.0792 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5517 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was December, with a trading range of 0.9108 MZN (High: 5.9677 / Low: 5.0568). On the other end, July was the most stable month, with a tight range of 0.1902 MZN (High: 4.8486 / Low: 4.6584).
Growth Streaks & Declines
TrendsBetween March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1143 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2015: 5.5748) against the same month in 2014 (average: 4.5331), the exchange rate shifted by +1.0417 (+22.98%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4.4946 | 4.1598 | 4.2688 |
| February | 4.5397 | 4.3358 | 4.4450 |
| March | 4.5620 | 4.1220 | 4.3307 |
| April | 4.6397 | 4.4254 | 4.5255 |
| May | 4.9016 | 4.6043 | 4.7599 |
| June | 4.9629 | 4.6952 | 4.8351 |
| July | 4.8486 | 4.6584 | 4.7366 |
| August | 4.9687 | 4.6356 | 4.7557 |
| September | 5.2901 | 4.9571 | 5.1338 |
| October | 5.3242 | 4.9655 | 5.1443 |
| November | 5.2584 | 5.0015 | 5.1299 |
| December | 5.9677 | 5.0568 | 5.5748 |