2015 NOK to NGN Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2015.
2015 NOK to NGN Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2015
During 2015, the NOK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 17, valuing the pair at 27.1661. Conversely, the yearly low was recorded on December 31, dropping to 22.5485.
This high-to-low spread represents a total annual volatility of 4.6176 NGN. From a start-to-finish perspective, comparing the January average rate of 24.2506 to the December average rate of 22.9101, the exchange rate registered a net change of -5.53% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2015 high of 27.1661 was down 1.85% compared to the 2014 peak of 27.6781, 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 NGN 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 25.3938, compared to 23.7842 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.6096 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2015 was February, with a trading range of 2.4122 NGN (High: 26.9408 / Low: 24.5286). On the other end, August was the most stable month, with a tight range of 0.5009 NGN (High: 24.3475 / Low: 23.8466).
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 1.1100 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2015: 26.3365) against the same month in 2014 (average: 27.2260), the exchange rate shifted by -0.8895 (-3.27%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 24.9018 | 23.5076 | 24.2506 |
| February | 26.9408 | 24.5286 | 26.1066 |
| March | 26.4361 | 24.0638 | 24.9965 |
| April | 26.3206 | 24.5590 | 25.2050 |
| May | 27.1661 | 25.5569 | 26.3365 |
| June | 25.8909 | 24.9751 | 25.4673 |
| July | 25.1231 | 24.2143 | 24.5173 |
| August | 24.3475 | 23.8466 | 24.1364 |
| September | 24.5342 | 23.3278 | 24.0293 |
| October | 24.6515 | 23.2810 | 24.0797 |
| November | 23.4816 | 22.8426 | 23.0322 |
| December | 23.3389 | 22.5485 | 22.9101 |