YEARLY HIGH
0.4300 PEN
YEARLY LOW
0.3738 PEN
YEARLY AVERAGE
0.3950 PEN

2015 NOK to PEN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the NOK to PEN exchange rate experienced significant fluctuation. The market reached its absolute peak on May 16, valuing the pair at 0.4300. Conversely, the yearly low was recorded on March 17, dropping to 0.3738.

This high-to-low spread represents a total annual volatility of 0.0562 PEN. From a start-to-finish perspective, comparing the January average rate of 0.3918 to the December average rate of 0.3890, the exchange rate registered a net change of -0.73% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.4300 was down 9.20% compared to the 2014 peak of 0.4736, 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 2,150 PEN
2014 Average 2,256 PEN
Yearly Trough Low 1,869 PEN
Transaction Impact: A difference of 281.22 PEN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.4195
0.3830
JanuMarcMayJulySeptNove

NOK to PEN 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 0.4001, compared to 0.3900 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0100 points.

H1 Avg (Jan–Jun) 0.4001
H2 Avg (Jul–Dec) 0.3900

Volatility Range Comparison

Volatility

The most volatile month in 2015 was March, with a trading range of 0.0302 PEN (High: 0.4040 / Low: 0.3738). On the other end, November was the most stable month, with a tight range of 0.0084 PEN (High: 0.3902 / Low: 0.3818).

March Spread (Volatile) ±0.0302
November Spread (Stable) ±0.0084

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 February and March, when the average rate fell by 0.0177 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0177

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2015: 0.4165) against the same month in 2014 (average: 0.4698), the exchange rate shifted by -0.0533 (-11.35%).

2015 Avg (May) 0.4165
2014 Avg (May) 0.4698

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3998 0.3855 0.3918
February 0.4098 0.3962 0.4052
March 0.4040 0.3738 0.3874
April 0.4138 0.3841 0.3948
May 0.4300 0.4055 0.4165
June 0.4115 0.3958 0.4047
July 0.4008 0.3867 0.3919
August 0.3991 0.3861 0.3925
September 0.3947 0.3783 0.3883
October 0.4003 0.3830 0.3924
November 0.3902 0.3818 0.3861
December 0.3952 0.3848 0.3890